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
Period Ending	Dec '25 Dec 31, 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
Revenue	53,729	53,348	95,021	47,139	55,010	45,665
Revenue Growth (YoY)	-30.27%	-43.86%	101.57%	-14.31%	20.46%	91.10%
Cost of Revenue	37,308	38,991	71,140	36,778	42,851	34,346
Gross Profit	16,421	14,357	23,881	10,362	12,159	11,319
Selling, General & Admin	3,792	3,678	3,882	2,380	2,090	2,001
Other Operating Expenses	606.1	622.33	1,099	264.48	487.72	472.87
Operating Expenses	4,398	4,301	4,981	2,644	2,578	2,478
Operating Income	12,023	10,056	18,900	7,717	9,581	8,841
Interest Expense	-1,884	-2,202	-1,366	-1,640	-347.75	-68.33
Interest & Investment Income	200.45	200.45	396.14	151.15	240.22	212.21
Currency Exchange Gain (Loss)	8.52	8.52	53.75	-384.96	55.41	-26.29
Other Non Operating Income (Expenses)	-9.77	-9.77	-15.82	-9.25	-8.17	-10.96
EBT Excluding Unusual Items	10,338	8,054	17,968	5,834	9,520	8,948
Gain (Loss) on Sale of Investments	51.16	51.16	29.95	-	20.78	66.76
Gain (Loss) on Sale of Assets	0.27	0.27	1.46	3.23	1.34	3.72
Asset Writedown	-	-	-	-	-0.4	-8.66
Other Unusual Items	-	-	-	-	-	65.81
Pretax Income	10,390	8,105	17,999	5,837	9,564	9,076
Income Tax Expense	4,670	1,781	7,362	2,283	3,698	2,509
Earnings From Continuing Operations	5,719	6,324	10,637	3,555	5,866	6,566
Minority Interest in Earnings	-22.11	33.81	-337.54	-261.24	-501.38	-544.22
Net Income	5,697	6,358	10,300	3,293	5,365	6,022
Net Income to Common	5,697	6,358	10,300	3,293	5,365	6,022
Net Income Growth	-34.81%	-38.27%	212.74%	-38.61%	-10.91%	201.84%
Shares Outstanding (Basic)	208	200	196	192	192	192
Shares Outstanding (Diluted)	208	200	196	192	192	192
Shares Change (YoY)	3.01%	1.97%	2.01%	-	0.00%	0.00%
EPS (Basic)	27.33	31.87	52.64	17.17	27.97	31.40
EPS (Diluted)	27.33	31.87	52.64	17.17	27.97	31.40
EPS Growth	-36.72%	-39.46%	206.57%	-38.61%	-10.91%	201.84%
Free Cash Flow	13,636	2,931	8,596	-4,221	-222.7	9,601
Free Cash Flow Per Share	65.41	14.69	43.94	-22.01	-1.16	50.06
Dividend Per Share	35.000	60.000	25.000	21.061	32.828	29.227
Dividend Growth	40.00%	140.00%	18.70%	-35.85%	12.32%	125.00%
Gross Margin	30.56%	26.91%	25.13%	21.98%	22.10%	24.79%
Operating Margin	22.38%	18.85%	19.89%	16.37%	17.42%	19.36%
Profit Margin	10.60%	11.92%	10.84%	6.99%	9.75%	13.19%
Free Cash Flow Margin	25.38%	5.49%	9.05%	-8.96%	-0.40%	21.02%
EBITDA	12,278	10,315	19,165	7,950	9,797	9,030
EBITDA Margin	22.85%	19.34%	20.17%	16.86%	17.81%	19.77%
D&A For EBITDA	255.47	258.78	265.84	232.8	215.92	188.29
EBIT	12,023	10,056	18,900	7,717	9,581	8,841
EBIT Margin	22.38%	18.85%	19.89%	16.37%	17.42%	19.36%
Effective Tax Rate	44.95%	21.97%	40.90%	39.11%	38.66%	27.65%
Advertising Expenses	-	65.85	44.88	30.78	32.16	10.57

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.