Ghandhara Automobiles Reports Over 11-Fold Profit Growth in FY25

Karachi, September 29, 2025 — Ghandhara Automobiles Limited (PSX: GHNI) announced a remarkable financial turnaround for the fiscal year ended June 30, 2025, posting a profit after tax of Rs4.1 billion, approximately 11 times higher than Rs365 million in FY24.

The company’s earnings per share (EPS) also surged to Rs71.9 from Rs6.4 in the previous year, reflecting strong operational performance.

Revenue growth was a key driver, rising 3.7 times year-on-year to Rs34.5 billion, supported by robust sales recovery. Although cost of sales increased 3.4 times to Rs28.15 billion, the company achieved a gross profit of Rs6.36 billion, more than 5.6 times higher than FY24, resulting in a gross margin improvement to 18.4% from 12%.

Operating efficiencies and strategic cost management further strengthened results. Distribution costs increased 1.8 times to Rs447.9 million, while administrative expenses rose 55% to Rs522.9 million. Other income nearly tripled to Rs810.3 million, offsetting a rise in other expenses to Rs640 million from Rs23.3 million in FY24.

The company’s operating profit climbed to Rs5.56 billion, a rise of more than 6 times year-on-year. Meanwhile, finance costs declined 60% to Rs176.3 million, and GHNI booked a share of profit from an associate of Rs616.6 million, over 13 times the previous year. Consequently, profit before taxation soared to Rs5.96 billion, up nearly 14 times compared to FY24.

After accounting for total income taxes of Rs1.87 billion, net profit stood at Rs4.1 billion, underscoring GHNI’s exceptional performance in FY25 despite macroeconomic challenges.

Key Financial Highlights (FY25 vs FY24)

• Revenue: Rs34.51bn vs Rs9.41bn (+267%)
• Gross Profit: Rs6.36bn vs Rs1.13bn (+461%)
• Operating Profit: Rs5.56bn vs Rs0.89bn (+525%)
• Net Profit: Rs4.10bn vs Rs0.37bn (+1022%)
• EPS: Rs71.9 vs Rs6.4 (+1023%)

Ghandhara Automobiles’ impressive performance demonstrates strong market recovery, operational efficiency, and strategic financial management, positioning the company for sustained growth in Pakistan’s automotive sector.