Despite stiffer competition, Toyota Pakistan closes best ever year in 2025

Indus Motor Company (IMC), Toyota’s publicy listed arm in Pakistan, has delivered the most profitable year in its history – despite a dramatically more crowded forecourt. For the year ended June 2025, profit after tax surged to Rs23.0 billion (EPS Rs292.7), up 53.0% year‑on‑year, while the board signed off on the company’s highest‑ever dividend at Rs176.0 per share. Even with South Korean and Chinese nameplates now firmly embedded in showrooms – and nibbling at niches from subcompact SUVs to pickups – Toyota’s Pakistan business expanded margins and volumes to close a record year.

The operational gears all turned the right way. Net sales climbed 41.0% to Rs215.1 billion, and operating profit more than doubled to Rs25.3 billion, as the gross margin improved to 15.0% from 13.0% a year earlier. EBITDA was up 84.0% to Rs31.5 billion, and net margin a full percentage point better than FY24. Profitability in the second half of financial year 2025 was materially stronger than the prior‑year half, underscoring that the step‑up was not confined to a single quarter.