The Indus Motor Company Limited has posted Rs 2,745.701 million as profit after tax, translating an earning per share of Rs 34.93 in the year ending June 30 as compared to Rs 2,648.464 million PAT and Rs 33.70 as EPS in the corresponding period last year.
The board of directors, in its meeting held here on Friday, recommended a final cash dividend for the year at rupees eight per share, ie 80 percent. Interim cash dividend has already been paid at rupees five per share, ie 50 percent.
The Karachi Stock Exchange was informed that the company's sales increased to Rs 39,061.226 million in the period under review against Rs 35,236.535 million in the same period last year. The other operating income of the company, however, declined to Rs 935.290 million against Rs 1,021.212 million previously. The company's profit before tax surged to Rs 4,229.481 million in 2007 financial year against Rs 4,072.777 million in 2006 financial year.
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