KARACHI: Ghandhara Automobiles Limited (PSX: GHNI) reported a profit after tax of Rs4.1 billion for the year ended June 30, 2025, compared with Rs365 million in FY24.
Earnings per share (EPS) rose to Rs71.9 in FY25 from Rs6.4 in the previous year.
Revenue increased 3.7 times year-on-year to Rs34.5 billion, against Rs9.4 billion in FY24.
Cost of sales rose 3.4 times to Rs28.15 billion, resulting in gross profit of Rs6.36 billion, over 5.6 times higher than Rs1.13 billion in FY24.
Gross margin stood at 18.4% compared with 12.0% in the previous year.
Distribution costs rose 1.8 times to Rs447.9 million, while administrative expenses increased 55% to Rs522.9 million.
Other income reached Rs810.3 million, nearly three times higher than the previous year, while other expenses rose to Rs640 million from Rs23.3 million in FY24.
Operating profit climbed more than six times year-on-year to Rs5.56 billion. Finance costs dropped 60% to Rs176.3 million, compared with Rs441.5 million last year.
The company booked a share of profit from an associate of Rs616.6 million, up from Rs42.3 million in FY24. Profit before taxation rose to Rs5.96 billion, almost 14 times higher than Rs419.8 million last year.
After accounting for income tax of Rs1.87 billion, net profit was reported at Rs4.1 billion.
Ghandhara Automobiles Limited was incorporated in Pakistan as a public limited company and is engaged in the assembly, progressive manufacturing and distribution of vehicles, spare parts and accessories. It markets pick-ups, trucks and buses made by JAC, Dongfeng and Isuzu in Pakistan.
