The July-September quarter of this year has seen a notable increase in commercial vehicle sales when compared to the same period last year. Consequently, Ifad Autos PLC, which is publicly traded, has seen a recovery in both revenue and profit. In the most recent quarter, the company’s revenue increased by about 74%. The unaudited financial report for the first quarter (July–September) of the fiscal year 2025–2026 included this information.

According to the report, during July–September the company’s revenue stood at Tk 274.41 crore, whereas it was Tk 157.91 crore during the same period of the previous fiscal year. With the rise in revenue, Ifad Autos returned to a net profit of Tk 2.53 crore after tax, after having incurred a loss of Tk 5.70 crore during the same period last year. Earnings per share (EPS) for the quarter were 9 paisa, compared with a loss of 21 paisa per share in the same period last year.

According to company authorities, 1,101 units of commercial vehicles were sold in the July–September quarter of this year, compared with 666 units sold during the same period last year. Due to increased demand and higher prices of commercial vehicles in the market, the company’s revenue has risen significantly during this time.

Ifad Autos has recommended a 2 percent cash dividend for general investors (excluding sponsor-directors) for the 2024–25 fiscal year. The loss per share for that year was 27 paisa, compared with 61 paisa in the previous year. The annual general meeting (AGM) to approve the declared dividend has been scheduled for December 27, and the record date has been set for November 17.

In the concluded 2023–24 fiscal year, the company paid 1 percent cash and 1 percent bonus dividend to investors. The loss per share for that year was 62 paisa, compared with 58 paisa the year before. The net asset value per share (NAVPS) as of June 30, 2024 stood at Tk 36.29.

Listed on the stock market in 2015, Ifad Autos has an authorized capital of Tk 300 crore and a paid-up capital of Tk 268.25 crore. The company has Tk 596.59 crore in reserves.

The total number of shares is 26,82,53,911. Of these, 54.87% are held by sponsor-directors, 26.08% by institutional investors, 0.02% by foreign investors, and 19.03% by general investors.