PTL FY26 profit triples to Rs1.3bn

Panther Tyres Limited (PSX: PTL) lifted its profit after tax to Rs1.31bn for the year to June 30, 2026, according to Mettis Link News. That is roughly triple the Rs431.63m recorded a year earlier, a rise of 204%. Earnings per share moved to Rs7.82 from Rs2.57, and the board proposed a final payment of Rs2 per share in cash.

Gross profit rose 33% to Rs5.67bn from Rs4.26bn, as net revenue from customer contracts grew 12% to Rs36.34bn. Selling and distribution costs went up 18% to Rs1.50bn, administrative expenses rose 19% to Rs577.73m, and other operating costs more than doubled to Rs224.86m. Even so, profit from operations climbed 37% to Rs3.37bn.

Finance costs were broadly flat at Rs1.45bn, while statutory levies fell 81% to Rs55.17m from Rs286.19m. That lifted profit before tax to Rs1.87bn. After a higher tax charge of Rs555.86m, up from Rs290.12m, the year closed with Rs1.31bn in profit after tax.