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 2QFY26 results today, where the company recorded profit of Rs5.98bn (EPS of Rs76.11), up 23% YoY.</li><li>This took 1HFY26 earnings at Rs12.7bn (EPS of Rs161.60) up 28% YoY compared to 1HFY25 profit of Rs9.96bn (EPS of Rs126.68).</li><li>INDU announced an interim cash dividend of Rs46/share, taking 1HFY26 total dividend to Rs97/share (1H Payout ratio 60%).</li></ul>

Indus Motor Company (INDU) announced its 2QFY26 results today, where the company recorded profit of Rs5.98bn (EPS of Rs76.11), up 23% YoY.This took 1HFY26 earnings at Rs12.7bn (EPS of Rs161.60) up 28% YoY compared to 1HFY25 profit of Rs9.96bn (EPS of Rs126.68).INDU announced an interim cash dividend of Rs46/share, taking 1HFY26 total dividend to Rs97/share (1H Payout ratio 60%).

インダス・モーター・カンパニー（INDU）：2026年度第2四半期のEPSは76.11ルピー、前年比23%増、前四半期比11%減 – 業界予想通り