{
  "id": 7804351,
  "title": "Millat Tractors FY26 Profit Up 23%",
  "url": "https://urgent.news/2026/09/16/millat-tractors-fy26-profit-up-23",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T13:54:59.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/09/16/millat-tractors-fy26-profit-up-23/"
  },
  "original_language": "en",
  "account": "Millat Tractors Limited reported a 23% increase in profit after tax for the fiscal year 2025-26, reaching Rs. 7.84 billion compared to Rs. 6.37 billion the previous year. The company announced a final dividend of Rs. 21 per share, resulting in a total dividend payout of Rs. 21 per share for the year. Net revenue grew by 22% to Rs. 63.76 billion in FY26, up from Rs. 52.11 billion in FY25. Arif Habib Limited credited this growth to higher sales volumes, with Millat Tractors selling 18,874 units, a 1.6% increase year over year. Gross profit expanded by 47% to Rs. 20.36 billion, with the gross profit margin improving to 31.9% from 26.6% in the prior year. The company attributed this improvement to cost efficiencies and a favorable product mix. Finance costs decreased by 33% to Rs. 1.46 billion, while other income declined by 6% to Rs. 599 million, partly due to lower savings rates. On a per-share basis, earnings per share rose to Rs. 19.65 in FY26 from Rs. 15.97 in FY25. However, the effective tax rate increased to 45.7% from 21% in the previous year. In Q4, revenue grew by 50% year over year to Rs. 18.19 billion.",
  "summary": "Millat Tractors Limited posted a profit after tax of Rs. 7.84 billion in fiscal year 2025-26, up 23 percent from … Read More The post Millat Tractors FY26 Profit Up 23% 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."
}