February 18, 2026 (MLN): Ghandhara Automobiles Limited (PSX: GAL) has delivered an extraordinary financial performance for the half-year ended December 31, 2025, with net profits skyrocketing by 173% to reach Rs2.92 billion.

The result highlights a massive scale-up in operations and a significant strengthening of the company's bottom line compared to the Rs1.07 billion earned in the same period last year.

The company’s top-line revenue witnessed a staggering 175.6% increase, climbing to Rs21.19 billion from Rs7.69 billion.

While the cost of sales also rose significantly, GAL successfully expanded its Gross Profit by 203%, indicating improved manufacturing efficiencies and better pricing power.

One of the most notable aspects of the report is the 81.3% reduction in finance costs, which dropped from Rs143.5 million to just Rs26.8 million.

This drastic decline reflects the company's aggressive deleveraging strategy and a deliberate shift toward cash-based sales, which has significantly reduced the need for external short-term borrowing.

The company's bottom line was further bolstered by its 17.91% stake in Ghandhara Industries Limited (GHNI). The "Share of profit of an Associate" grew by 181%, contributing Rs578 million to the pre-tax profit.

Consequently, the Earnings Per Share (EPS) for the half-year reached Rs51.25, a massive jump from Rs18.77 in the corresponding period of 2024.