Lahore, August 4, 2026 – Panther Tyres Limited (PSX: PTL) has reported a strong improvement in its financial performance for the nine-month period ended March 31, 2026, driven by higher sales, improved profitability, and stronger operational efficiency. The company’s board approved the unaudited financial results in its meeting held on April 27, 2026, and did not recommend any dividend or other entitlement.

According to the company’s financial statements, net revenue increased to Rs25.55 billion during the first nine months of FY2026, compared with Rs23.35 billion in the corresponding period last year. The growth in sales helped lift gross profit by nearly 39% to Rs4.04 billion, reflecting improved margins despite higher production costs.

Panther Tyres posted a profit after tax of Rs968.8 million, marking a significant increase from Rs322.6 million recorded in the same period of the previous year. Earnings per share (EPS) also climbed sharply to Rs5.77, compared with Rs1.92 a year earlier, highlighting the company’s stronger earnings performance.

For the third quarter alone, the company earned Rs311.3 million after tax, more than doubling the Rs138.0 million reported in the corresponding quarter last year. Quarterly EPS improved to Rs1.85 from Rs0.82, reflecting sustained momentum in profitability.

The company’s operating profit rose to Rs2.52 billion, supported by higher gross margins and increased revenue. Although finance costs remained substantial, they declined compared to the previous year, allowing Panther Tyres to report a much stronger profit before taxation of Rs1.40 billion.

Panther Tyres also strengthened its financial position during the period. Total assets increased to Rs27.54 billion as of March 31, 2026, from Rs24.89 billion at the end of June 2025, while shareholders’ equity improved to Rs9.01 billion, supported by higher retained earnings.

In its notification to the Pakistan Stock Exchange, the company stated that the board had approved the quarterly financial statements for the period ended March 31, 2026. However, it decided not to recommend any cash dividend, bonus shares, or right shares for shareholders.

The latest results underline Panther Tyres’ continued operational progress, with higher sales, improved profitability, and stronger earnings positioning the company for sustained growth in Pakistan’s tyre manufacturing sector.