Panther Tyres Ltd. has released its financial results for the first quarter ended September 30, 2026, showing a solid performance despite rising costs and margin pressures.
- Revenue for the quarter reached PKR 10,268.56M, up 15.1% from PKR 8,918.01M in the same period last year.
- Gross profit increased by 12.0% to PKR 1,501.12M, though the gross profit margin declined to 14.62%.
- Net profit after tax rose to PKR 301.29M, a 6.6% increase compared to PKR 282.56M in Q1 2025.
- Earnings per share (EPS) improved to PKR 1.79 from PKR 1.68 year-on-year.
- The company reported a return to positive operating cash flow, generating PKR 7.65M, a significant recovery from a cash outflow of PKR 938.15M in the previous year.
- Increased finance costs were noted, rising to PKR 374M, but as a percentage of revenue, they improved to 3.64%.
- Capital expenditure for the quarter was PKR 317M, primarily for plant and machinery.
- The company is focused on managing working capital effectively to improve cash flow and liquidity.
- The report is un-audited and covers the three-month period ending September 30, 2026.