{
  "id": 16871843,
  "title": "Toyota Indus Motor Q1 Profit Jumps to Rs. 7.38 Billion on Strong Car Sales",
  "url": "https://urgent.news/2026/10/28/toyota-indus-motor-q1-profit-jumps-to-rs-7-38-billion-on-strong-car",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T07:12:57.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/10/28/toyota-indus-motor-q1-profit-jumps-to-rs-7-38-billion-on-strong-car-sales/"
  },
  "original_language": "en",
  "account": "Toyota Indus Motor Company (INDU) reported a significant jump in profit for the first quarter of fiscal year 2027, reaching Rs. 7.38 billion after tax, up 10% from Rs. 6.72 billion in the same period last year. Earnings per share (EPS) climbed to Rs. 93.95, a 10.5% increase from Rs. 85.49 in Q1 2026, while quarterly profit rose 21% from Rs. 6.11 billion in Q4 2026. The company announced a dividend of Rs. 56 per share, up from Rs. 51 per share in Q1 2026, resulting in a payout ratio of 59.6%.\n\nNet sales for the quarter reached Rs. 74.02 billion, a 20% increase year-over-year and an 11% rise quarter-over-quarter. This growth was primarily driven by a 34% year-over-year jump in vehicle volumes to 13,260 units, led by the Yaris, Corolla, and Corolla Cross segments, which expanded 43% year-over-year to 10,925 units. Fortuner and Hilux volumes saw a modest 3% year-over-year increase to 2,335 units. Stronger sales volumes, increased localization, effective cost management, and higher other income contributed to the improved performance.\n\nCEO Ali Asghar Jamali emphasized the company's focus on operational excellence, innovation, localization, and disciplined capital allocation to strengthen competitiveness and deliver long-term value to customers and shareholders. He also highlighted concerns over the misuse of the Gift Scheme for used-vehicle imports, which undermines local manufacturing and diverts economic activity from domestic production. Jamali called for a predictable policy framework and effective enforcement of import regulations to safeguard Pakistan's industrial base and promote sustainable economic growth.\n\nGross margin declined to 15.3% from 17.1% in Q1 2026, due to a sales mix skewed toward sedans, which accounted for 82% of total volumes compared to 77% in Q1 2026. Distribution expenses increased 4% year-over-year to Rs. 723 million, while administrative expenses rose 5% to Rs. 898 million. Other income grew 11% year-over-year to Rs. 3.22 billion, supported by higher savings rates. Finance costs increased to Rs. 204 million from Rs. 50 million in Q1 2026 due to higher interest rates and the commencement of SIDC payments. The effective tax rate stood at 37.6% in Q1 2027, compared to 39.3% in the same quarter last year.",
  "summary": "Indus Motor Company Limited (INDU) reported a profit after tax (PAT) of Rs. 7.38 billion for the first quarter of … Read More The post Toyota Indus Motor Q1 Profit Jumps to Rs. 7.38 Billion on Strong Car Sales appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}