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TPLI TPL Insurance Limited

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

Last close · 16 Oct 2026

Rs 51.04 -3.15%

Quarterly · Q3 FY2021 – Q2 FY2026

TPL Insurance Limited (TPLI) quarterly income statement

TPL Insurance Limited reported total income of Rs 1.5 bn for Q2 FY2026 (Apr – Jun 2026), up 41.8% on Q2 FY2025. Tax of Rs 34.2 mn took 22.6% of pre-tax profit. Profit attributable to shareholders was Rs 156.2 mn, up 2,570.7% on Q2 FY2025, or Rs 0.79 per share.

TPLI income statement (quarterly) (Rs mn)
Rs mn TTM to Jun 2026 Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024 Q2 FY2024 Apr – Jun 2024 Q1 FY2024 Jan – Mar 2024 Q4 FY2023 Oct – Dec 2023 Q3 FY2023 Jul – Sep 2023 Q2 FY2023 Apr – Jun 2023 Q1 FY2023 Jan – Mar 2023 Q4 FY2022 Oct – Dec 2022 Q3 FY2022 Jul – Sep 2022 Q2 FY2022 Apr – Jun 2022 Q1 FY2022 Jan – Mar 2022 Q4 FY2021 Oct – Dec 2021 Q3 FY2021 Jul – Sep 2021
Net premium earned 5,039.7 1,456.9 1,265.2 1,179.3 1,138.2 1,010.6 965.7 916.8 882.6 841.8 783.0 782.7 752.6 768.5 781.0 793.3 751.1 731.9 690.8 662.3 615.7
Investment income (net) 224.7 71.7 50.6 54.2 48.2 67.6 37.4 43.7 70.4 107.6 101.1 127.4 101.2 108.1 58.2 102.9 34.8 7.3 (52.5) 41.9 10.1
Total income 5,264.4 1,528.7 1,315.7 1,233.5 1,186.5 1,078.2 1,003.1 960.5 953.1 949.4 884.1 926.2 853.8 876.6 839.2 895.5 786.6 739.1 638.3 704.2 623.2
Net claims & benefits (2,533.8) (698.3) (675.0) (595.6) (564.9) (567.0) (440.1) (423.4) (427.5) (405.6) (399.8) (392.5) (392.6) (323.0) (398.4) (350.8) (374.2) (350.3) (340.2) (297.8) (302.5)
Acquisition & underwriting expenses (466.0) (106.5) (116.7) (135.2) (107.6) (77.4) (81.6) (93.2) (86.4) (91.8) (79.2) (75.3) (71.4) (83.2) (71.5) (79.7) (66.1) (65.4) (57.9) (60.6) (54.7)
Profit before tax 174.2 151.1 (14.1) 49.5 (12.3) (2.2) 15.8 59.5 (11.5) 61.2 9.0 (153.8) 1,171.7 104.8 23.5 92.0 37.7 20.1 (84.7) (34.4) (8.4)
Taxation (23.4) (34.2) 0.9 0.2 9.7 (8.0) (4.2) (22.9) 4.5 (11.8) (16.3) 25.6 (13.6) (23.5) (6.6) (10.3) (46.5) 18.1 (8.2) 16.1 (9.8)
Profit after tax 150.8 116.9 (13.2) 49.6 (2.6) (10.2) 11.6 36.6 (7.0) 49.4 (7.3) (128.2) 1,158.1 81.4 16.9 81.8 (8.8) 38.2 (92.9) (18.3) (18.2)
Profit attributable to shareholders 156.8 156.2 (36.5) 36.5 0.6 5.8 (17.5) (2.6) (14.6) 29.3 9.3 (111.1) 1,143.9 41.6 41.7 78.2 (44.7) 60.6 (88.7) (8.7) 41.6
Per share
EPS – basic (Rs) Rs 0.77 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.01) (0.07) 0.25 0.05 (0.56) 5.77 0.21 0.21 0.35 (0.28) 0.39 (0.56) (0.07) 0.26
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TPLI income statement — year-on-year change (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024 Q2 FY2024 Apr – Jun 2024 Q1 FY2024 Jan – Mar 2024 Q4 FY2023 Oct – Dec 2023 Q3 FY2023 Jul – Sep 2023 Q2 FY2023 Apr – Jun 2023 Q1 FY2023 Jan – Mar 2023 Q4 FY2022 Oct – Dec 2022 Q3 FY2022 Jul – Sep 2022 Q2 FY2022 Apr – Jun 2022 Q1 FY2022 Jan – Mar 2022 Q4 FY2021 Oct – Dec 2021 Q3 FY2021 Jul – Sep 2021
Net premium earned +44.2% +31.0% +28.6% +29.0% +20.1% +23.3% +17.1% +17.3% +9.5% +0.3% -1.3% +0.2% +5.0% +13.1% +19.8% +22.0% +28.2% +25.7% +26.5% +12.1%
Investment income (net) +6.1% +35.2% +23.8% -31.5% -37.2% -63.0% -65.7% -30.4% -0.4% +73.7% +23.9% +191.1% +1,383.4% — +145.7% +245.7% -88.7% -421.8% +58.3% -19.2%
Total income +41.8% +31.2% +28.4% +24.5% +13.6% +13.5% +3.7% +11.6% +8.3% +5.4% +3.4% +8.5% +18.6% +31.5% +27.2% +26.2% +16.3% +12.8% +28.0% +11.0%
Net claims & benefits +23.2% +53.4% +40.7% +32.2% +39.8% +10.1% +7.9% +8.9% +25.6% +0.4% +11.9% +4.9% -7.8% +17.1% +17.8% +23.7% +30.3% +39.6% +21.5% +5.9%
Acquisition & underwriting expenses +37.5% +43.0% +45.0% +24.5% -15.7% +3.0% +23.7% +21.1% +10.4% +10.9% -5.5% +8.0% +27.2% +23.5% +31.6% +20.9% +15.6% +16.5% +43.8% +15.7%
Profit before tax — -189.0% -16.9% — -103.6% +75.0% — -101.0% -41.7% -61.5% -267.1% +3,011.2% +421.6% — — — -40.6% -2,376.1% -358.7% —
Taxation +326.5% -122.4% -100.8% — -32.1% -74.2% — -132.9% -49.7% +146.6% -349.4% -70.8% — -19.1% — +374.0% -747.7% +3.7% -338.3% -30.6%
Profit after tax — -213.2% +35.5% — -120.7% — — -100.6% -39.3% -143.3% -256.8% — +112.7% — — — +23.3% — -379.8% —
Profit attributable to shareholders +2,570.7% — — — -80.0% -288.9% — -101.3% -29.6% -77.8% -242.1% — -31.4% — — -207.4% -6.9% -7,504.5% -134.0% —
Per share
EPS – basic (Rs) +2,533.3% — — — -88.0% -280.0% — -101.3% +19.3% -76.2% -261.8% — -45.6% — — -207.4% -6.4% -6,057.2% -135.0% —
Dividend per share (Rs) — — — — — — — -100.0% — — — — — — — — — — — —

Change against the same quarter a year earlier; shown when the earlier figure is positive.

TPLI income statement — common size (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024 Q2 FY2024 Apr – Jun 2024 Q1 FY2024 Jan – Mar 2024 Q4 FY2023 Oct – Dec 2023 Q3 FY2023 Jul – Sep 2023 Q2 FY2023 Apr – Jun 2023 Q1 FY2023 Jan – Mar 2023 Q4 FY2022 Oct – Dec 2022 Q3 FY2022 Jul – Sep 2022 Q2 FY2022 Apr – Jun 2022 Q1 FY2022 Jan – Mar 2022 Q4 FY2021 Oct – Dec 2021 Q3 FY2021 Jul – Sep 2021
Net premium earned 95.3% 96.2% 95.6% 95.9% 93.7% 96.3% 95.4% 92.6% 88.7% 88.6% 84.5% 88.1% 87.7% 93.1% 88.6% 95.5% 99.0% 108.2% 94.1% 98.8%
Investment income (net) 4.7% 3.8% 4.4% 4.1% 6.3% 3.7% 4.6% 7.4% 11.3% 11.4% 13.8% 11.9% 12.3% 6.9% 11.5% 4.4% 1.0% (8.2%) 5.9% 1.6%
Total income 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Net claims & benefits (45.7%) (51.3%) (48.3%) (47.6%) (52.6%) (43.9%) (44.1%) (44.9%) (42.7%) (45.2%) (42.4%) (46.0%) (36.8%) (47.5%) (39.2%) (47.6%) (47.4%) (53.3%) (42.3%) (48.5%)
Acquisition & underwriting expenses (7.0%) (8.9%) (11.0%) (9.1%) (7.2%) (8.1%) (9.7%) (9.1%) (9.7%) (9.0%) (8.1%) (8.4%) (9.5%) (8.5%) (8.9%) (8.4%) (8.8%) (9.1%) (8.6%) (8.8%)
Profit before tax 9.9% (1.1%) 4.0% (1.0%) (0.2%) 1.6% 6.2% (1.2%) 6.4% 1.0% (16.6%) 137.2% 12.0% 2.8% 10.3% 4.8% 2.7% (13.3%) (4.9%) (1.3%)
Taxation (2.2%) 0.1% 0.0% 0.8% (0.7%) (0.4%) (2.4%) 0.5% (1.2%) (1.8%) 2.8% (1.6%) (2.7%) (0.8%) (1.1%) (5.9%) 2.5% (1.3%) 2.3% (1.6%)
Profit after tax 7.6% (1.0%) 4.0% (0.2%) (0.9%) 1.2% 3.8% (0.7%) 5.2% (0.8%) (13.8%) 135.6% 9.3% 2.0% 9.1% (1.1%) 5.2% (14.6%) (2.6%) (2.9%)
Profit attributable to shareholders 10.2% (2.8%) 3.0% 0.0% 0.5% (1.7%) (0.3%) (1.5%) 3.1% 1.0% (12.0%) 134.0% 4.7% 5.0% 8.7% (5.7%) 8.2% (13.9%) (1.2%) 6.7%

Each line as a percentage of total income.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. Updated 17 Oct 2026.

All reported line items 91
TPLI income statement — all reported line items (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024 Q2 FY2024 Apr – Jun 2024 Q1 FY2024 Jan – Mar 2024 Q4 FY2023 Oct – Dec 2023 Q3 FY2023 Jul – Sep 2023
Net Premiums Earned 1,456.9 1,265.2 1,179.3 1,138.2 1,010.6 965.7 916.8 882.6 841.8 783.0 782.7 752.6
Investment Income/(Expense) - Net - Insurance 71.7 50.6 54.2 48.2 67.6 37.4 43.7 70.4 107.6 101.1 127.4 101.2
Investments & Loans - Business - Gain/(Loss) — — — — — — — — — — 16.2 0.0
Investment Income - Gross - Insurance - Total — — — — — — — — — — 127.4 101.2
Investment Securities - Business - Gain/(Loss) — — — — — — — — — — 16.2 0.0
Revenue from Business Activities - Total 1,528.7 1,315.7 1,233.5 1,186.5 1,078.2 1,003.1 960.5 953.1 949.4 884.1 926.2 853.8
Insurance Claims/Reserves - Total 698.3 675.0 595.6 564.9 567.0 440.1 423.4 427.5 405.6 399.8 392.5 392.6
Insurance Benefits Paid - Current 698.3 675.0 595.6 564.9 567.0 440.1 423.4 427.5 405.6 399.8 392.5 392.6
Selling, General & Administrative Expenses - Total 421.1 446.7 432.8 425.4 395.7 386.9 364.0 363.2 315.6 335.3 491.4 311.1
Underwriting Expenses 106.5 116.7 135.2 107.6 77.4 81.6 93.2 86.4 91.8 79.2 75.3 71.4
Policy Acquisition Costs - Total 106.5 116.7 135.2 107.6 77.4 81.6 93.2 86.4 91.8 79.2 75.3 71.4
Other Operating Expense/(Income) - Net 23.9 — 6.3 — (11.0) — 0.7 0.0 1.3 — 5.9 0.0
Fee & Commission Expense - Insurance 106.5 116.7 135.2 107.6 77.4 81.6 93.2 86.4 91.8 79.2 75.3 71.4
Operating Expenses - Total 1,249.7 1,238.3 1,169.8 1,098.0 1,029.1 908.6 881.4 877.2 814.3 814.3 965.1 775.1
Operating Profit before Non-Recurring Income/(Expense) 278.9 77.4 63.7 88.5 49.1 94.5 79.1 75.9 135.1 69.7 (38.9) 78.7
Interest Expense - Net of Capitalized Interest 11.4 5.9 12.9 4.2 4.5 5.7 6.7 8.8 6.8 6.7 5.5 4.7
Other Non-Operating Income/(Expense) - Total (116.5) (85.6) (1.3) (96.6) (46.8) (73.0) (78.8) (78.6) (67.1) (54.0) (90.1) (34.8)
Normalized Pre-tax Profit 151.1 (14.1) 49.5 (12.3) (2.2) 15.8 (6.4) (11.5) 61.2 9.0 (134.5) 39.2
Non-Recurring Income/Expense - Total — — 0.0 — — — 65.9 0.0 — — (19.3) 1,132.5
Fair Value Adjustments - Financial Investments — — 0.0 — — — 65.9 — — — 20.7 13.7
Costs Associated with IPOs & Mergers — — — — — — 0.0 0.0 — — 40.0 (1,118.9)
Provision for Income Tax Expense- Unclassified 34.2 (0.9) (0.2) (9.7) 8.0 4.2 22.9 (4.5) 11.8 16.3 (25.6) 13.6
Income before Taxes 151.1 (14.1) 49.5 (12.3) (2.2) 15.8 59.5 (11.5) 61.2 9.0 (153.8) 1,171.7
Income Taxes 34.2 (0.9) (0.2) (9.7) 8.0 4.2 22.9 (4.5) 11.8 16.3 (25.6) 13.6
Net Income after Tax 116.9 (13.2) 49.6 (2.6) (10.2) 11.6 36.6 (7.0) 49.4 (7.3) (128.2) 1,158.1
Income before Discontinued Operations & Extraordinary Items 116.9 (13.2) 49.6 (2.6) (10.2) 11.6 36.6 (7.0) 49.4 (7.3) (128.2) 1,158.1
Net Income before Minority Interest 116.9 (13.2) 49.6 (2.6) (10.2) 11.6 36.6 (7.0) 49.4 (7.3) (128.2) 1,158.1
Minority Interest (39.3) 23.3 13.1 (3.1) (16.1) 29.1 39.2 7.6 20.1 (16.6) (17.1) 14.2
Net Income after Minority Interest 156.2 (36.5) 36.5 0.6 5.8 (17.5) (2.6) (14.6) 29.3 9.3 (111.1) 1,143.9
Income Available to Common Shares 156.2 (36.5) 36.5 0.6 5.8 (17.5) (2.6) (14.6) 29.3 9.3 (111.1) 1,143.9
Earnings Adjustments to Net Income - Other Expense/(Income) — — — (0.0) — 0.0 — — — 0.0 0.1 (0.1)
DPS - Common - Gross - Issue - By Period End Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 156.2 (36.5) 36.5 0.6 5.8 (17.5) (2.6) (14.6) 29.3 9.3 (111.1) 1,143.9
Income available to Common excluding Extraordinary Items 156.2 (36.5) 36.5 0.6 5.8 (17.5) (2.6) (14.6) 29.3 9.3 (111.1) 1,143.9
Shares used to calculate Basic EPS - Total mn 197.7 202.6 236.6 198.4 195.0 194.7 179.7 198.4 117.0 185.5 198.4 198.4
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.01) (0.07) 0.25 0.05 (0.56) 5.77
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.01) (0.07) 0.25 0.05 (0.56) 5.77
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.38) (0.07) 0.25 0.05 (0.46) 0.06
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 156.2 (36.5) 36.5 0.6 5.8 (17.5) (2.6) (14.6) 29.3 9.3 (111.1) 1,143.9
Earnings Allocation Factor - Basic - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 197.7 202.6 236.6 198.4 195.0 194.7 179.7 198.4 117.0 185.5 198.4 198.4
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.01) (0.07) 0.25 0.05 (0.56) 5.77
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.01) (0.07) 0.25 0.05 (0.56) 5.77
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.38) (0.07) 0.25 0.05 (0.46) 0.06
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 156.2 (36.5) 36.5 0.6 5.8 (17.5) (2.6) (14.6) 29.3 9.3 (111.1) 1,143.9
Diluted Income available to Common excluding Extraordinary Items 156.2 (36.5) 36.5 0.6 5.8 (17.5) (2.6) (14.6) 29.3 9.3 (111.1) 1,143.9
Shares used to calculate Diluted EPS - Total mn 197.7 202.6 236.6 198.4 195.0 194.7 179.7 198.4 117.0 185.5 198.4 198.4
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.01) (0.07) 0.25 0.05 (0.56) 5.77
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.01) (0.07) 0.25 0.05 (0.56) 5.77
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.38) (0.07) 0.25 0.05 (0.46) 0.06
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 156.2 (36.5) 36.5 0.6 5.8 (17.5) (2.6) (14.6) 29.3 9.3 (111.1) 1,143.9
Earnings Allocation Factor - Diluted - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 197.7 202.6 236.6 198.4 195.0 194.7 179.7 198.4 117.0 185.5 198.4 198.4
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.01) (0.07) 0.25 0.05 (0.56) 5.77
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.01) (0.07) 0.25 0.05 (0.56) 5.77
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 0.79 (0.18) 0.15 0.00 0.03 (0.09) (0.38) (0.07) 0.25 0.05 (0.46) 0.06
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.70
Earnings before Interest & Taxes (EBIT) 278.9 77.4 63.7 88.5 49.1 94.5 79.1 75.9 135.1 69.7 (38.9) 78.7
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 278.9 92.8 63.7 88.5 49.1 109.0 91.9 88.8 147.5 82.3 (26.5) 90.3
Depreciation & Amortization - Supplemental — 15.4 16.3 16.3 16.3 14.5 12.8 12.9 12.4 12.5 12.4 11.6
Depreciation Expense - Total - Supplemental — 15.4 16.3 16.3 16.3 14.5 12.8 12.9 12.4 12.5 12.4 11.6
Depreciation, Depletion & Amortization - Total — 15.4 — — — 14.5 12.8 12.9 12.4 12.5 12.4 11.6
Depreciation - Total — 15.4 — — — 14.5 12.8 12.9 12.4 12.5 12.4 11.6
Normalized after Tax Profit 116.9 (13.2) 49.6 (2.6) (10.2) 11.6 (29.3) (7.0) 49.4 (7.3) (108.9) 25.6
Normalized Net Income from Continuing Operations 116.9 (13.2) 49.6 (2.6) (10.2) 11.6 (29.3) (7.0) 49.4 (7.3) (108.9) 25.6
Normalized Net Income - Bottom Line 156.2 (36.5) 36.5 0.6 5.8 (17.5) (68.5) (14.6) 29.3 9.3 (91.8) 11.4
Earnings before Interest & Taxes (EBIT) - Normalized 162.5 (8.2) 62.4 (8.1) 2.3 21.5 0.4 (2.8) 67.9 15.7 (129.0) 43.9
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized — 7.2 — — — 36.0 13.2 10.1 80.4 28.2 (116.6) 55.5
Interest Expense 11.4 5.9 12.9 4.2 4.5 5.7 6.7 8.8 6.8 6.7 5.5 4.7
Investment Income - Insurance 71.7 50.6 54.2 48.2 67.6 37.4 43.7 70.4 107.6 101.1 127.4 101.2
Losses, Benefits & Adjustments - Insurance 698.3 675.0 595.6 564.9 567.0 440.1 423.4 427.5 405.6 399.8 392.5 392.6
Operating Expenses 1,249.7 1,238.3 1,169.8 1,098.0 1,029.1 908.6 881.4 877.2 814.3 814.3 965.1 775.1
Selling, General & Administrative Expenses excluding Research & Development Expenses 421.1 446.7 432.8 425.4 395.7 386.9 364.0 363.2 315.6 335.3 491.4 311.1
Total Claim & Loss Expense 698.3 675.0 595.6 564.9 567.0 440.1 423.4 427.5 405.6 399.8 392.5 392.6
Underwriting & Commissions 106.5 116.7 135.2 107.6 77.4 81.6 93.2 86.4 91.8 79.2 75.3 71.4
Underwriting Expenses - Insurance 444.9 446.7 439.0 425.4 384.7 386.9 364.8 363.2 316.9 335.3 497.3 311.1
Income before Taxes & Provision for Loan Losses 151.1 (14.1) 49.5 (12.3) (2.2) 15.8 59.5 (11.5) 61.2 9.0 (153.8) 1,171.7
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00
DPS - Common - Gross - Issue - By Ex Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00
Tax Adjusted Operating Income 165.0 — 49.5 — — (13.4) 1.5 — 34.7 3.9 — 1,148.5
Underwriting Expenses minus Losses, Benefits & Adjustments - Insurance (253.4) (228.3) (156.5) (139.6) (182.3) (53.2) (58.6) (64.2) (88.7) (64.5) 104.9 (81.4)
Operating Expenses excluding Non-Cash Charges - Total — 1,222.9 — — — 894.1 868.6 864.3 801.9 801.8 952.8 763.5
Premiums Earned - Total 1,456.9 1,265.2 1,179.3 1,138.2 1,010.6 965.7 916.8 882.6 841.8 783.0 782.7 752.6
Losses, Benefits & Adjustments - Total 804.8 791.6 730.8 672.6 644.4 521.7 516.6 513.9 497.4 479.0 467.8 463.9
Income Available to Common Shares before Depreciation & Amortization — (21.1) — — — (3.0) 10.2 (1.7) 41.7 21.8 (98.8) 1,155.6
Fixed Charges 11.4 5.9 12.9 4.2 4.5 5.7 6.7 8.8 6.8 6.7 5.6 4.6
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.00

Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 12 periods; the table above goes back further.