Ghandhara Automobiles Limited (PSX: GAL) posted a 303% year-on-year increase in after-tax profit for the quarter ended March 31, 2025, clocking in at Rs1.64 billion compared to Rs406 million in the same period last year. Earnings per share jumped to Rs38.38 from Rs9.52.
The surge in profitability was driven by a 115% increase in net sales, which rose to Rs10.31 billion, reflecting strong demand recovery. Gross profit tripled to Rs2.72 billion despite a 95% rise in cost of sales. Operating profit rose 235% to Rs2.15 billion, while finance costs dropped sharply by 94% to Rs8.35 million, further supporting the bottom line.
Tax expenses surged over sevenfold to Rs508 million, but the company still recorded a 361% increase in pre-tax profit at Rs2.14 billion.
The strong quarterly results follow the company’s recent expansion in commercial vehicle offerings and operational streamlining amid signs of recovery in Pakistan’s auto and transport sectors.
