KARACHI: Indus Motor Company Limited’s (IMC) profit slid around 12 percent year-on-year to Rs10.2 billion in the nine months period ended on March 31, 2019, translating into EPS of Rs130.50.[the_ad id=”31605″]Indus Motor earned Rs11.6 billion with EPS of Rs148.04 in the corresponding period a year earlier.
IMC announced an interim cash dividend of Rs30/share for the quarter, which was in addition to the combined interim cash dividend of Rs57.50/share.
The company’s sales increased to Rs117.9 billion in the July-March FY2019 compared to Rs99.8 billion in the corresponding period a year earlier. Cost of sales escalated to Rs103 billion from Rs82.6 billion. Other income rose to Rs3.1 billion from Rs2.6 billion.