# Indus Motor Q1 profit rises 10% to Rs 7.38 billion as Toyota sales jump 34%, Rs 56 dividend

Source: Searchable (https://searchable.pk/news/auto/indus-motor-q1-profit-rises-10percent-to-rs-738-billion-as-toyota-sales-jump)
Type: News article
Author: Searchable Editorial
Published: 28 Oct 2026
Updated: 28 Oct 2026
Retrieved: 28 Oct 2026

> The Toyota assembler sold 13,260 cars in July to September, led by the Yaris, Corolla and Corolla Cross, and will pay shareholders Rs 56 a share.

**Indus Motor Company (PSX: INDU)**, which assembles and sells Toyota cars in Pakistan, made a **profit after tax of Rs 7.38 billion** in the first quarter of its 2027 financial year (July to September 2026), **up 10%** from Rs 6.72 billion a year earlier, [ProPakistani reported](https://propakistani.pk/2026/10/28/toyota-indus-motor-q1-profit-jumps-to-rs-7-38-billion-on-strong-car-sales/) from the company's results. The board declared a **cash dividend of Rs 56 per share**, against Rs 51 in the same quarter last year.

## The numbers at a glance

| | Jul to Sep 2026 | Jul to Sep 2025 | Change |
|---|---|---|---|
| Profit after tax | Rs 7.38 bn | Rs 6.72 bn | +10% |
| Earnings per share | Rs 93.95 | Rs 85.49 | +10% |
| Net sales | Rs 74.02 bn | n/a | +20% |
| Cars sold | 13,260 | n/a | +34% |
| Cash dividend | Rs 56 | Rs 51 | +Rs 5 |
| Gross margin | 15.3% | 17.1% | down 1.8 points |

Profit was also **21% higher than in April to June 2026** (Rs 6.11 billion), when the gross margin had fallen to 10.3%. The dividend works out to about 60% of earnings.

## What sold

The jump came from the sedans. Sales of the **Yaris, Corolla and Corolla Cross** rose **43% to 10,925 units**, while the **Fortuner and Hilux** together edged up **3% to 2,335**. Sedans made up 82% of volumes, against 77% a year ago, and because they carry thinner margins than the Fortuner and Hilux, the gross margin slipped even as sales grew.

## Costs and other income

- **Other income** rose 11% to **Rs 3.22 billion**, mostly interest on the company's cash.
- **Finance costs** climbed to **Rs 204 million** from Rs 50 million, on higher rates and the start of SIDC payments.
- **Distribution expenses** rose 4% to Rs 723 million and **administrative expenses** 5% to Rs 898 million.
- The **effective tax rate** was 37.6%, down from 39.3%.

## What it means for buyers and shareholders

Stronger volumes suggest demand for locally assembled sedans is holding up despite high prices and interest rates. If you are weighing a Corolla or Yaris on instalments, our [car loan calculator](/tools/cars/car-loan-calculator) shows the monthly payment at today's KIBOR-linked rates, and the [car registration tax calculator](/tools/cars/car-registration-tax-calculator) adds the cost of getting it on the road. Current Toyota prices are on our [car price list](/prices/cars).

For shareholders, a Rs 56 dividend is taxed at source; the [KSE-100 page](/data/kse-100) tracks how the wider market is moving.

## Frequently asked questions

**What dividend did Indus Motor announce for Q1 FY27?**

Indus Motor declared a cash dividend of Rs 56 per share for July to September 2026, up from Rs 51 a year earlier, ProPakistani reported.

**How many cars did Toyota Indus sell in July to September 2026?**

13,260 units, 34% more than a year earlier: 10,925 Yaris, Corolla and Corolla Cross, and 2,335 Fortuner and Hilux.

## Sources

- Toyota Indus Motor Q1 Profit Jumps to Rs. 7.38 Billion on Strong Car Sales (ProPakistani): https://propakistani.pk/2026/10/28/toyota-indus-motor-q1-profit-jumps-to-rs-7-38-billion-on-strong-car-sales/

How to cite: "Indus Motor Q1 profit rises 10% to Rs 7.38 billion as Toyota sales jump 34%, Rs 56 dividend", Searchable, 28 Oct 2026, https://searchable.pk/news/auto/indus-motor-q1-profit-rises-10percent-to-rs-738-billion-as-toyota-sales-jump