Oct 22, 2026, 2:03 PM
Millat Tractors reports higher quarterly revenue and profit for September 2026
Financial ResultMillat Tractors Limited and its subsidiaries reported consolidated revenue of Rs. 11.109 billion and profit after tax of Rs. 940.638 million for the quarter ended September 30, 2026, up from Rs. 7.784 billion and Rs. 613.455 million respectively a year earlier. EPS increased to Rs. 2.36 from Rs. 1.54. Finance cost declined, while short-term borrowings increased and balance-sheet cash decreased.
Key Findings
- Consolidated revenue rose to Rs. 11,109.409 million from Rs. 7,784.326 million year on year.
- Consolidated profit after tax increased to Rs. 940.638 million from Rs. 613.455 million; EPS increased to Rs. 2.36 from Rs. 1.54.
- Finance cost declined to Rs. 416.456 million from Rs. 476.847 million.
- At September 30, 2026, short-term borrowings were Rs. 12,981.497 million and cash and bank balances were Rs. 1,865.878 million.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Revenue from contracts with customers | 7,784,326 | 11,109,409 | +42.7% |
| Gross profit | 2,191,915 | 3,124,499 | +42.5% |
| Operating profit before finance cost (profit after other income) | 1,356,886 | 1,910,135 | +40.8% |
| Profit after tax for the period | 613,455 | 940,638 | +53.3% |
| Earnings per share - basic and diluted (Rupees) | 1.54 | 2.36 | +53.2% |
| Finance cost | (476,847) | (416,456) | -12.7% |
| Cash and bank balances | 2,812,986 | 1,865,878 | -33.7% |
| Short term borrowings | 10,665,295 | 12,981,497 | +21.7% |
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.