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%).

인더스 모터 컴퍼니(INDU): 2026년 2분기 주당순이익(EPS) 76.11루피, 전년 동기 대비 23% 증가했으나 전분기 대비 11% 감소 – 업계 예상치와 일치