Honda Atlas Q1 FY2026 Profit Triples To Rs2.49 Billion: EPS Rises To Rs17.41 From Rs5.80 A Year Ago As Below-Line Items Swing From Negative Rs814 Million To A Positive Rs218 Million Cushioned By Near-Fourfold Other Income Surge
According to Mettis Global, Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) posted a threefold increase in net profit to Rs2.49 billion for the three months ended June 30, 2026, compared to Rs828.44 million in the same period last year. Earnings per share tripled to Rs17.41 from Rs5.80.
Sales surged 41 percent year-on-year to Rs37.20 billion from Rs26.46 billion, while cost of sales rose at a near-equal 42 percent, keeping gross profit expansion to a measured 26 percent at Rs2.87 billion. Finance costs more than tripled to Rs631.09 million from Rs202.64 million, emerging as the quarter’s primary drag.
The standout development was a near-fourfold surge in other income to Rs2.09 billion from Rs553 million; a 278 percent jump which swung the below-gross-profit subtotal from negative Rs814 million to a positive Rs218 million. Taxation declined 23 percent to Rs489.14 million, amplifying the bottom-line surge. Profit before tax more than doubled to Rs2.97 billion.
Pakistan’s auto sector is recovering, and Honda’s numbers show it. Revenue is up. Profit is up. But the honest read is this: strip out other income, and the automotive business itself delivered tighter margins than the headline suggests.
Check out our previous coverage of Pakistan’s economy on The Trusted Times.
