Toyota stated in a recent tweet;
“Indus Motor Company is thrilled to report another record-breaking month, with 7,001 vehicles sold in October 2021, the most since the company’s start in 1993.
We appreciate all of our loyal clients who have continued to believe in us. Toyota Pakistan (#ToyotaPakistan)”
According to a market report, Indus Motor Company Ltd made a profit of Rs5.4 billion in July-September, increasing 194% from the same period last year.
Along with the results, the business declared a dividend of Rs34.50 per share. Earnings increased by 23% on a quarterly basis. According to AKD Securities, revenue increased by 92 percent year over year due to a 59 percent rise in volume.
The increase in volume was due to price reductions as a result of budgetary measures, which boosted demand.