- Industry posting massive 61.35pc year-on-year growth highest among sectors
- IMC posts 59pc increase in total sales reflecting sustained demand recovery, popularity
Indus Motor Company Limited (IMC) in the development of the entire value chain of the local auto industry, has played a major role. In Pakistan, it is also proud to have contributed in poverty alleviation at the grass root level by nurturing localization. This, in turn, has directly created thousands of career opportunities and transferred technology to 53 vendors supplying parts. IMC is a joint venture between certain companies of House of Habib of Pakistan, Toyota Motor Corporation (TMC), and Toyota Tsusho Corporation (TTC) of Japan.
Incorporated in 1989, the Company manufactures and markets Toyota brand vehicles in Pakistan. These include several variants of the flagship Corolla and Yaris in the passenger car segment, Hilux in the light commercial vehicle segment, Fortuner and Corolla Cross in the sports utility vehicle segment. Experts mentioned in the unaudited condensed interim financial statements of IMC during the first quarter of FY2025-26, management of IMC continued its optimistic momentum, registering a 59 percent increase in total sales of Completely Knocked Down (CKD) and Completely Built-up (CBU) units to 9,976 units, as against to 6,292 units in the corresponding period last year.
Correspondingly, vehicle production grew by 54 percent,10,230 units as against to 6,801 units in the corresponding period last year, reflecting sustained demand recovery and the continued popularity of key models like the Toyota Corolla and Hilux, supported by timely feature upgrades and model improvements in Toyota Yaris. IMC maintained a stable market share of almost 15 percent in the domestic automotive sector. IMC mentioned that the Net sales revenue grew to Rs. 61.737 billion, as against to Rs. 41.602 billion in the same quarter of the previous year. The profit after tax also registered a notable rise to Rs. 6.719 billion, against Rs. 5.091 billion last year. The improvement in profitability primarily stems from higher sales volumes, effective cost control measures and increased localization efforts, supported by a relatively favorable exchange rate environment. The Earnings Per Share (EPS) for the quarter reached at Rs. 85.49, as against to Rs. 64.77 in the corresponding period of the previous year. The Company’s experts recorded that IMC’s manufacturing facility and offices are located at a 109.5-acre site in Port Qasim, Karachi. The product is delivered to end customers nationwide through a strong network of 57 independent authorized 3S dealerships spread in Pakistan.
Over 34 years, since inception, IMC has sold greater than 1.1 million CKD/CBU vehicles. It has also demonstrated impressive growth in terms of volumetric rise. From a modest beginning of 20 vehicles per day production in 1993, the daily production capacity of IMC on double shift basis increased to 288 (with overtime) units per day. This has been made possible through the development of human talent embracing the “Toyota Way” of quality and lean manufacturing. Furthermore, the company has made large scale investments in enhancing its own capacity and in meeting customer requirements for new products.
The Toyota Corolla continues to reign as the best-selling sedan in ‘C segment’ sedan category. With the availability of multiple variants for these models, they have achieved success in their respective segments in the country’s automobile market. Furthermore, in FY 2023-24, the Company also launched the Toyota Corolla Cross, the first ‘Make in Pakistan’, hybrid electric vehicle with the highest ever localized content. On the other hand, the Pakistan Bureau of Statistics (PBS) has released the Large Scale Manufacturing (LSM) statistics, revealing that the overall index reached at 118.28 for November 2025. While the manufacturing sector shows broad recovery, the automobile industry has emerged as the standout, posting a massive 61.35 percent Year-on-Year (YoY) growth, the highest among all sectors. It was followed by the Petroleum products sector, which secured the runner-up spot with a 43.66 percent rise. This surge is not just a one-month wonder.
In the broader context of the current fiscal year (FY2026), the auto industry has witnessed sustained momentum. Cumulative data for the first five months (July to November 2025) explained the sector has grown by an 75.15 percent, showing a strong comeback from previous lows.