KONTAN – PT Indomobil Sukses Internasional Tbk (IMAS), an automotive company under the Salim Group, recorded a 216.06 percent increase in net profit in the third quarter of 2025. Based on the company’s financial report, profit attributable to owners of the parent entity reached Rp 257.60 billion. This amount rose from Rp 81.50 billion in the same period last year.
The profit growth was supported by an increase in revenue and other operating income. Both were able to offset higher operating and financial expenses. Other operating income represents financial items outside the company’s main activities, such as gains from acquisitions or exchange rate differences.
IMAS’s net revenue reached Rp 22.72 trillion, up 4.62 percent from Rp 21.72 trillion in the previous year. The automotive segment, including workshops, contributed Rp 18.13 trillion, or an increase of 5.27 percent. Meanwhile, the financial services, vehicle rental, and logistics segments reached Rp 4.04 trillion, growing 5.59 percent.
Gross profit increased 6.37 percent to Rp 4.64 trillion from Rp 4.36 trillion. Operating profit rose 16.9 percent to Rp 2.23 trillion, compared with Rp 1.90 trillion in the same period last year. This increase indicates better operational efficiency amid rising costs.
Other operating income reached Rp 908.94 billion, jumping 70 percent from Rp 534.41 billion. The increase came from negative goodwill or asset value lower than its fair value, amounting to about Rp 389 billion, due to the acquisition of a new subsidiary in 2025.
Financial expenses remained relatively stable at Rp 1.87 trillion, so profit before tax increased to Rp 657.56 billion from Rp 441.29 billion. Profit for the period rose 87.3 percent to Rp 360.75 billion compared with Rp 192.52 billion in the third quarter of 2024.
Basic earnings per share (EPS) increased to Rp 64.49 per share, from Rp 20.40 last year. The company’s total assets rose to Rp 72.11 trillion from Rp 67.63 trillion at the end of 2024. Liabilities increased to Rp 56.43 trillion from Rp 51.61 trillion, while equity slightly declined to Rp 15.68 trillion from Rp 16.02 trillion.
Cash and cash equivalents at the end of the third quarter of 2025 were recorded at Rp 2.22 trillion, down from Rp 5.44 trillion in the same period last year. Although cash decreased, Indomobil’s profit and revenue performance showed significant improvement throughout 2025. (*)
