Indus Motor Company (IMC) reported a 61% increase in profit-after-tax (PAT) to Rs9.41bn during 9 months of FY24 amid challenging economic conditions.
Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, reported a 61% increase in its profit-after-tax (PAT) to Rs9.41bn during the 9 months of FY24, despite challenging economic conditions. Net sales turnover fell to Rs98.23bn. The company's profit surged 38% to Rs4.45bn in the third quarter ended March 31, 2024, compared to the earnings of Rs3.22bn in the same period in the previous year.
April 29, 2024
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