External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Indus Motor Company (INDU) announced its 3QFY26 results today, where the company recorded profit of Rs6.7bn (EPS of Rs85.21), up 2% YoY and 12% QoQ.</li><li>The result came slightly higher than expectations due to higher-than-expected gross margins.</li><li>This took 9MFY26 earnings at Rs19.4bn (EPS of Rs246.8) up 17% YoY compared to 9MFY25 profit of Rs16.6bn (EPS of Rs210.6).</li></ul>

Indus Motor Company (INDU) announced its 3QFY26 results today, where the company recorded profit of Rs6.7bn (EPS of Rs85.21), up 2% YoY and 12% QoQ.The result came slightly higher than expectations due to higher-than-expected gross margins.This took 9MFY26 earnings at Rs19.4bn (EPS of Rs246.8) up 17% YoY compared to 9MFY25 profit of Rs16.6bn (EPS of Rs210.6).

Indus Motor Company (INDU): 3QFY26 EPS at Rs85.21, Up 2% YoY and 12% QoQ – Slightly Higher Than Expectations