Indus Motor Company Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 47,321.84 million compared to PKR 48,199.21 million a year ago. Net income was PKR 4,449.39 million compared to PKR 3,216.45 million a year ago. Basic earnings per share from continuing operations was PKR 56.61 compared to PKR 40.92 a year ago.
For the nine months, sales was PKR 98,232.28 million compared to PKR 135,032.74 million a year ago. Net income was PKR 9,406.44 million compared to PKR 5,843.97 million a year ago. Basic earnings per share from continuing operations was PKR 119.67 compared to PKR 74.35 a year ago.
Indus Motor Company Limited is a Pakistan-based company, which is engaged in the assembling, progressive manufacturing, and marketing of Toyota vehicles. The Company also acts as the sole distributor of Toyota and Daihatsu vehicles in Pakistan. The Company’s factory is situated at Plot No. NWZ/1/P-1, Port Qasim Industrial Estate, Bin Qasim, Karachi. The Company’s segments are Manufacturing and Trading. The Company offers products, including Toyota Corolla Altis X, Toyota Yaris, Toyota Camry Hybrid, Toyota Corolla Cross, Toyota Fortuner, Toyota Revo, Toyota Hilux E (Standard), Toyota Hilux Single Cabin, Toyota Hiace Deluxe, Toyota Hiace and Toyota Coaster. In addition, the Company offers services, which include a Toyota protection plan, extended warranty, and prepaid periodic maintenance.
