Millat Tractors Limited posted a profit after tax of Rs. 7.84 billion in fiscal year 2025-26, up 23 percent from Rs. 6.37 billion a year earlier.
The company declared a final dividend of Rs. 21 per share, taking the total dividend for FY26 to Rs. 21 per share.
Millat Tractors’ net revenue increased 22 percent to Rs. 63.76 billion in FY26 from Rs. 52.11 billion in FY25. According to Arif Habib Limited (AHL), the increase was driven by higher sales volumes, with the company selling 18,874 units during the year, up 1.6 percent year over year.
Gross profit rose 47 percent to Rs. 20.36 billion, while the gross profit margin improved to 31.9 percent from 26.6 percent a year earlier. Arif Habib Limited attributed the improvement to cost efficiencies and a favorable product mix.
Finance costs fell 33 percent to Rs. 1.46 billion from Rs. 2.17 billion, while other income declined 6 percent to Rs. 599 million. The decline in other income was attributed to lower savings rates, partly offset by higher cash and bank balances.
Millat Tractors’ earnings per share increased to Rs. 19.65 in FY26 from Rs. 15.97 in FY25. The company’s effective tax rate, however, rose to 45.7 percent from 21 percent a year earlier.
On a quarterly basis, revenue in the fourth quarter increased 50 percent year over year to Rs. 18.19 billion, whi
The post Millat Tractors FY26 Profit Up 23% appeared first on ProPakistani.
