Friday, September 18 2026

GHNI FY26 profit jumps 51%
Ghandhara Industries Limited (PSX: GHNI) reported a 51% surge in its net profit for the fiscal year ended June 30, 2026, reaching Rs6.93bn compared to Rs4.58bn in the preceding year. Alongside the financial results, the board recommended a final cash dividend of Rs12 per share. Reflecting this robust bottom-line expansion, basic and diluted earnings per share (EPS) for the year expanded to Rs162.57, up from Rs107.58 in FY25. The primary catalyst behind the performance was strong top-line revenue growth combined with a 54% expansion in gross margins.
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Related symbols: ghni (news stock)

Nishat Group’s NexGen Auto launches iCAUR in Pakistan with the V27 REEV priced at PKR 12,499,000
Nishat Group’s automotive venture, NexGen Auto, has officially revealed the prices of the iCAUR V27 and iCAUR V23, marking a major step forward in the introduction of the iCAUR brand to Pakistan. The collaboration was announced in April 2026, at a landmark ceremony held in Beijing, between Nishat Group and Chery International (the parent company of iCAUR). Built around the philosophy “Born to Play,” iCAUR brings together distinctive SUV design, intelligent technology and new-energy mobility. The brand enters Pakistan with two models designed for different lifestyles: the adventurous and commanding V27 REEV, and the distinctive, retro style V23EV.
Related news categories: auto-assembler business economic-indicators misc

Thursday, September 17 2026

MTL profit jumps 28% to Rs8bn, declares Rs11 final dividend
Millat Tractors Limited (PSX: MTL) recorded a 28% increase in its consolidated net profit for the year ended June 30, 2026, with profit after tax for the year climbing to Rs8.07bn from Rs6.32bn in the corresponding period last year. Showing this healthy bottom-line growth, the company's basic and diluted earnings per share (EPS) expanded to Rs20.23 from Rs15.85 (restated) in FY25. The Board of Directors has announced a final cash dividend of Rs11.00 per share (220%) for the year ended June 30, 2026. This is in addition to interim dividend(s) already paid at Rs10.00 per share (200%).
Related news categories: auto-assembler business economic-indicators psx stock-exchanges
Related symbols: mtl (news stock)

Wednesday, September 09 2026

Letter sent to PM: PAMA seeks urgent announcement of new auto policy
The Pakistan Automotive Manufacturers Association (PAMA), in a letter to Prime Minister Shehbaz Sharif, urged the government to announce the new auto policy at the earliest, warning that the delay threatens the survival of Pakistan’s automotive industry. The PAMA, while expressing serious concerns regarding the future and sustainable growth of Pakistan’s automotive industry, has requested that the new Auto Policy be announced at the earliest, with measures that support the long-term interests of the automotive sector and promote industrialization in Pakistan.
Related news categories: auto-assembler business economic-indicators misc

Tuesday, September 01 2026

IMC records impressive 33pc growth in unit sales
Indus Motor Company Limited (IMC) closed the fiscal year ended June 30, 2026 with an impressive 33 percent growth in unit sales. According to the details, the IMC sold 45,035 units during the year, up 33 percent from FY2024-25, outpacing the broader industry’s recovery. Net sales revenue climbed to PKR 258.75 billion from PKR 215.14 billion a year earlier. Profitability also improved. Profit before taxation and levy rose to PKR 42.82 billion from PKR 37.67 billion, which the company attributed to cost discipline, higher localization of parts, and favorable currency movement. Net profit after tax increased to PKR 25.51 billion from PKR 23.01 billion, while earnings per share rose to PKR 324.50 from PKR 292.74.
Related news categories: auto-assembler business economic-indicators psx stock-exchanges
Related symbols: indu (news stock)