Indus Motor Company Limited (IMC) reported a 34% year-on-year increase in vehicle sales to 13,380 units during the quarter ended September 30, 2026, with net revenue reaching Rs74.015 billion.
The company posted a profit after tax of Rs7.384 billion, translating into earnings per share of Rs93.95. Its board declared an interim cash dividend of Rs56 per share.
IMC CEO Ali Asghar Jamali welcomed the recovery in automotive demand but warned that the misuse of the Gift Scheme for used-vehicle imports and the absence of a clear, long-term automotive policy were undermining local manufacturing and investment.
According to the Pakistan Automotive Manufacturers Association, sales of locally assembled passenger cars and light commercial vehicles rose 19.4% to 50,480 units during the quarter. However, the industry is operating at an estimated 45% of its installed production capacity.
IMC called for stronger enforcement of import regulations, a consistent automotive policy and measures to support localisation and exports. The company expects domestic vehicle demand to improve gradually in the coming months, although rising oil prices, operating costs and exchange-rate volatility remain key risks.
Gift Scheme Accounts for 98% of Used Car Imports in September
