External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Indus Motor Company (INDU) announced its 4QFY24 result today, where the company recorded profit of Rs5.7bn (EPS of Rs72.08), up 48% YoY. The result came in line with industry expectations.</li><li>This takes FY24 earnings to Rs15.1bn (EPS of Rs191.76) compared to FY23 profit of Rs9.7bn (EPS of Rs122.96), up 56% YoY.</li><li>INDU announced a final cash dividend of Rs43/share, taking FY24 total payout to Rs114.7/share, in-line with our expectations.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Indus Motor Company (INDU) announced its 4QFY24 result today, where the company recorded profit of Rs5.7bn (EPS of Rs72.08), up 48% YoY. The result came in line with industry expectations.This takes FY24 earnings to Rs15.1bn (EPS of Rs191.76) compared to FY23 profit of Rs9.7bn (EPS of Rs122.96), up 56% YoY.INDU announced a final cash dividend of Rs43/share, taking FY24 total payout to Rs114.7/share, in-line with our expectations.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indus Motor Company (INDU): FY24 EPS at Rs191.76, up 56% YoY