Millat Tractors Income Statement

Financials in millions PKR. Fiscal year is July - June.

Millions PKR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	2016 - 2020
Revenue	52,340	53,348	95,021	47,139	55,010	45,665	Upgrade
Revenue Growth (YoY)	-35.54%	-43.86%	101.57%	-14.31%	20.46%	91.10%	Upgrade
Cost of Revenue	38,182	38,991	71,140	36,778	42,851	34,346	Upgrade
Gross Profit	14,158	14,357	23,881	10,362	12,159	11,319	Upgrade
Selling, General & Admin	3,662	3,678	3,882	2,380	2,090	2,001	Upgrade
Other Operating Expenses	620.88	622.33	1,099	264.48	487.72	472.87	Upgrade
Operating Expenses	4,283	4,301	4,981	2,644	2,578	2,478	Upgrade
Operating Income	9,875	10,056	18,900	7,717	9,581	8,841	Upgrade
Interest Expense	-2,037	-2,202	-1,366	-1,640	-347.75	-68.33	Upgrade
Interest & Investment Income	180.51	200.45	396.14	151.15	240.22	212.21	Upgrade
Currency Exchange Gain (Loss)	8.52	8.52	53.75	-384.96	55.41	-26.29	Upgrade
Other Non Operating Income (Expenses)	-14.3	-9.77	-15.82	-9.25	-8.17	-10.96	Upgrade
EBT Excluding Unusual Items	8,013	8,054	17,968	5,834	9,520	8,948	Upgrade
Gain (Loss) on Sale of Investments	51.16	51.16	29.95	-	20.78	66.76	Upgrade
Gain (Loss) on Sale of Assets	0.27	0.27	1.46	3.23	1.34	3.72	Upgrade
Asset Writedown	-	-	-	-	-0.4	-8.66	Upgrade
Other Unusual Items	-	-	-	-	-	65.81	Upgrade
Pretax Income	8,064	8,105	17,999	5,837	9,564	9,076	Upgrade
Income Tax Expense	1,587	1,781	7,362	2,283	3,698	2,509	Upgrade
Earnings From Continuing Operations	6,478	6,324	10,637	3,555	5,866	6,566	Upgrade
Minority Interest in Earnings	-3.51	33.81	-337.54	-261.24	-501.38	-544.22	Upgrade
Net Income	6,474	6,358	10,300	3,293	5,365	6,022	Upgrade
Net Income to Common	6,474	6,358	10,300	3,293	5,365	6,022	Upgrade
Net Income Growth	-22.10%	-38.27%	212.74%	-38.61%	-10.91%	201.84%	Upgrade
Shares Outstanding (Basic)	196	200	196	192	192	192	Upgrade
Shares Outstanding (Diluted)	196	200	196	192	192	192	Upgrade
Shares Change (YoY)	-1.02%	1.97%	2.01%	-	0.00%	0.00%	Upgrade
EPS (Basic)	32.98	31.87	52.64	17.17	27.97	31.40	Upgrade
EPS (Diluted)	32.98	31.87	52.64	17.17	27.97	31.40	Upgrade
EPS Growth	-21.30%	-39.46%	206.57%	-38.61%	-10.91%	201.84%	Upgrade
Free Cash Flow	4,062	2,931	8,596	-4,221	-222.7	9,601	Upgrade
Free Cash Flow Per Share	20.69	14.69	43.94	-22.01	-1.16	50.06	Upgrade
Dividend Per Share	60.000	60.000	25.000	21.061	32.828	29.227	Upgrade
Dividend Growth	140.00%	140.00%	18.70%	-35.85%	12.32%	125.00%	Upgrade
Gross Margin	27.05%	26.91%	25.13%	21.98%	22.10%	24.79%	Upgrade
Operating Margin	18.87%	18.85%	19.89%	16.37%	17.42%	19.36%	Upgrade
Profit Margin	12.37%	11.92%	10.84%	6.99%	9.75%	13.19%	Upgrade
Free Cash Flow Margin	7.76%	5.49%	9.05%	-8.96%	-0.40%	21.02%	Upgrade
EBITDA	10,133	10,315	19,165	7,950	9,797	9,030	Upgrade
EBITDA Margin	19.36%	19.34%	20.17%	16.86%	17.81%	19.77%	Upgrade
D&A For EBITDA	258.16	258.78	265.84	232.8	215.92	188.29	Upgrade
EBIT	9,875	10,056	18,900	7,717	9,581	8,841	Upgrade
EBIT Margin	18.87%	18.85%	19.89%	16.37%	17.42%	19.36%	Upgrade
Effective Tax Rate	19.68%	21.97%	40.90%	39.11%	38.66%	27.65%	Upgrade
Advertising Expenses	-	65.85	44.88	30.78	32.16	10.57	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.