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ALAC Askari Life Assurance Company Limited

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

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Last close · 16 Oct 2026

Rs 22.99 -1.20%

Quarterly · Q3 FY2021 – Q2 FY2026

Askari Life Assurance Company Limited (ALAC) quarterly income statement

Askari Life Assurance Company Limited reported total income of Rs 1.1 bn for Q2 FY2026 (Apr – Jun 2026), up 71.8% on Q2 FY2025. Tax of Rs 106,000 took 0.9% of pre-tax profit. Profit attributable to shareholders was Rs 12.0 mn, down 53.2% on Q2 FY2025, or Rs 0.08 per share.

ALAC 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
Net premium earned 3,806.9 983.5 1,117.2 1,000.3 706.0 555.4 626.7 716.3 367.9
Investment income (net) 255.0 70.4 64.8 62.8 57.0 54.3 58.1 64.6 73.5
Total income 4,131.3 1,091.9 1,176.2 1,084.7 778.4 635.5 691.2 823.4 449.9
Net claims & benefits (2,025.4) (596.4) (549.6) (516.8) (362.7) (266.2) (309.7) (322.6) (176.4)
Acquisition & underwriting expenses (1,479.1) (391.6) (429.9) (357.9) (299.7) (229.2) (275.1) (309.7) (190.3)
Profit before tax 124.9 12.1 14.0 84.4 14.5 26.2 (1.1) 79.0 (12.8)
Taxation 2.5 (0.1) (0.1) 3.3 (0.6) (0.6) (0.1) 1.3 (0.8)
Profit after tax 127.5 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Profit attributable to shareholders 127.5 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Per share
EPS – basic (Rs) Rs 0.88 0.08 0.09 0.62 0.09 0.17 (0.01) 0.55 (0.09)
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ALAC 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
Net premium earned +77.1% +78.3% +39.7% +91.9% +69.6% +122.6% +43.8% +50.2%
Investment income (net) +29.7% +11.5% -2.7% -22.4% -18.9% -15.1% -14.1% -3.8%
Total income +71.8% +70.2% +31.7% +73.0% +50.8% +90.0% +42.6% +39.7%
Net claims & benefits +124.0% +77.4% +60.2% +105.6% +106.0% +75.0% +20.2% +18.5%
Acquisition & underwriting expenses +70.9% +56.3% +15.6% +57.5% +27.8% +76.0% +47.0% +35.0%
Profit before tax -53.9% — +6.8% — +233.4% — +691.5% —
Taxation -83.1% +17.7% — -22.5% -78.4% -90.8% -121.3% +279.8%
Profit after tax -53.2% — +9.3% — +417.6% — +1,935.1% —
Profit attributable to shareholders -53.2% — +9.3% — +417.6% — +1,935.1% —
Per share
EPS – basic (Rs) -52.9% — +13.0% — +466.7% — +2,045.2% —
Dividend per share (Rs) — — — — — — — —

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

ALAC 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
Net premium earned 90.1% 95.0% 92.2% 90.7% 87.4% 90.7% 87.0% 81.8%
Investment income (net) 6.4% 5.5% 5.8% 7.3% 8.5% 8.4% 7.8% 16.3%
Total income 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Net claims & benefits (54.6%) (46.7%) (47.6%) (46.6%) (41.9%) (44.8%) (39.2%) (39.2%)
Acquisition & underwriting expenses (35.9%) (36.6%) (33.0%) (38.5%) (36.1%) (39.8%) (37.6%) (42.3%)
Profit before tax 1.1% 1.2% 7.8% 1.9% 4.1% (0.2%) 9.6% (2.8%)
Taxation (0.0%) (0.0%) 0.3% (0.1%) (0.1%) (0.0%) 0.2% (0.2%)
Profit after tax 1.1% 1.2% 8.1% 1.8% 4.0% (0.2%) 9.7% (3.0%)
Profit attributable to shareholders 1.1% 1.2% 8.1% 1.8% 4.0% (0.2%) 9.7% (3.0%)

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 16 Oct 2026.

All reported line items 108
ALAC 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
Net Premiums Earned 983.5 1,117.2 1,000.3 706.0 555.4 626.7 716.3 367.9
Premiums Written - Gross 1,045.8 1,230.2 4,580.1 846.7 638.0 711.7 764.6 501.4
Premiums Ceded Out & Unearned - Reinsurance 62.3 113.0 3,579.8 140.7 82.6 84.9 48.3 133.5
Premiums Ceded Out to Reinsurance - Written 62.3 113.0 3,579.8 140.7 82.6 84.9 48.3 133.5
Investment Income/(Expense) - Net - Insurance 70.4 64.8 62.8 57.0 54.3 58.1 64.6 73.5
Investments & Loans - Business - Gain/(Loss) 38.1 (5.7) 21.6 15.4 25.8 6.4 42.6 8.5
Investment Income - Gross - Insurance - Total 70.4 64.8 62.8 57.0 54.3 58.1 64.6 73.5
Investment Securities - Business - Gain/(Loss) 38.1 (5.7) 21.6 15.4 25.8 6.4 42.6 8.5
Revenue from Business Activities - Total 1,091.9 1,176.2 1,084.7 778.4 635.5 691.2 823.4 449.9
Insurance Claims/Reserves - Total 596.4 549.6 516.8 362.7 266.2 309.7 322.6 176.4
Insurance Benefits Paid - Current 318.7 354.8 245.6 222.9 230.8 219.0 152.4 86.7
Selling, General & Administrative Expenses - Total 140.6 143.4 133.3 110.9 107.3 103.7 103.0 93.2
Selling, General & Administrative Expenses - Unclassified 133.7 136.9 127.0 104.9 101.4 98.5 97.6 87.8
Insurance Benefits Ceded (277.7) (194.8) (271.1) (139.8) (35.4) (90.7) (170.2) (89.7)
Depreciation in Selling, General & Administrative Expenses 6.9 6.6 6.2 6.0 5.8 5.2 5.5 5.4
Current Insurance Claims & Benefits Ceded (386.2) (364.7) (407.3) (258.8) (120.8) (232.3) (181.1) (129.0)
Amortization of Intangibles in Selling, General & Administrative Expenses — — — — — — 0.0 0.0
Long-Term Insurance Reserves Ceded 108.5 169.9 136.1 119.0 85.3 141.6 10.9 39.2
Underwriting Expenses 391.6 429.9 357.9 299.7 229.2 275.1 309.7 190.3
Policy Acquisition Costs - Total 391.6 429.9 357.9 299.7 229.2 275.1 309.7 190.3
Other Operating Expense/(Income) - Net 14.8 5.0 11.6 8.2 8.2 6.3 13.2 6.4
Other Operating Income - Total — — — — — — — —
Policy Acquisition Costs - Other 391.6 429.9 357.9 299.7 229.2 275.1 309.7 190.3
Operating Expenses - Total 1,143.4 1,127.9 1,019.5 781.6 610.9 694.8 748.5 466.2
Selling, General & Administrative Expenses - Other - Total — — — — — — — —
Operating Profit before Non-Recurring Income/(Expense) (51.5) 48.3 65.2 (3.1) 24.6 (3.6) 74.9 (16.3)
Other Operating Expense 14.8 5.0 11.6 8.2 8.2 6.3 13.2 6.4
Interest Expense - Net of Capitalized Interest 0.2 0.8 0.7 1.2 1.1 1.3 1.2 1.7
Sale of Tangible & Intangible Fixed Assets - Gain/Loss — — 0.8 — — — 0.1 —
Other Non-Operating Income/(Expense) - Total 5.4 4.2 3.4 2.3 4.0 2.3 4.2 5.1
Normalized Pre-tax Profit (46.3) 51.8 68.7 (2.1) 27.5 (2.6) 78.0 (12.9)
Non-Recurring Income/Expense - Total 58.4 (37.7) 15.7 16.6 (1.3) 1.5 1.0 0.2
Fair Value Adjustments - Financial Investments 58.4 (37.7) 15.7 16.6 (1.3) 1.5 1.0 0.2
Provision for Income Tax Expense- Unclassified 0.1 0.1 (3.3) 0.6 0.6 0.1 (1.3) 0.8
Income before Taxes 12.1 14.0 84.4 14.5 26.2 (1.1) 79.0 (12.8)
Income Taxes 0.1 0.1 (3.3) 0.6 0.6 0.1 (1.3) 0.8
Net Income after Tax 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Income before Discontinued Operations & Extraordinary Items 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Net Income before Minority Interest 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Net Income after Minority Interest 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Income Available to Common Shares 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
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
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Income available to Common excluding Extraordinary Items 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Shares used to calculate Basic EPS - Total mn 149.4 155.0 141.5 154.1 150.3 115.7 146.3 150.6
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 0.08 0.09 0.62 0.09 0.17 (0.01) 0.55 (0.09)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 0.08 0.09 0.62 0.09 0.17 (0.01) 0.55 (0.09)
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs (0.31) 0.33 0.51 (0.02) 0.18 (0.02) 0.54 (0.09)
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Earnings Allocation Factor - Basic - Issue Specific 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 149.4 155.0 141.5 154.1 150.3 115.7 146.3 150.6
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.08 0.09 0.62 0.09 0.17 (0.01) 0.55 (0.09)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.08 0.09 0.62 0.09 0.17 (0.01) 0.55 (0.09)
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs (0.31) 0.33 0.51 (0.02) 0.18 (0.02) 0.54 (0.09)
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 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 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Diluted Income available to Common excluding Extraordinary Items 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Shares used to calculate Diluted EPS - Total mn 149.4 155.0 141.5 154.1 150.3 115.7 146.3 150.6
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 0.08 0.09 0.62 0.09 0.17 (0.01) 0.55 (0.09)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 0.08 0.09 0.62 0.09 0.17 (0.01) 0.55 (0.09)
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs (0.31) 0.33 0.51 (0.02) 0.18 (0.02) 0.54 (0.09)
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 12.0 14.0 87.7 13.9 25.6 (1.2) 80.2 (13.6)
Earnings Allocation Factor - Diluted - Issue Specific 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 149.4 155.0 141.5 154.1 150.3 115.7 146.3 150.6
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.08 0.09 0.62 0.09 0.17 (0.01) 0.55 (0.09)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.08 0.09 0.62 0.09 0.17 (0.01) 0.55 (0.09)
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs (0.31) 0.33 0.51 (0.02) 0.18 (0.02) 0.54 (0.09)
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 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
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings before Interest & Taxes (EBIT) (51.5) 48.3 65.2 (3.1) 24.6 (3.6) 74.9 (16.3)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) (44.6) 54.9 71.4 2.9 30.4 1.6 80.4 (11.0)
Depreciation & Amortization - Supplemental 6.9 6.6 6.2 6.0 5.8 5.2 5.5 5.4
Depreciation Expense - Total - Supplemental 6.9 6.6 6.2 6.0 5.8 5.2 5.5 5.4
Depreciation - Financial Lease Right-of-Use Assets - Supplemental 3.6 3.6 3.6 3.6 3.6 3.3 3.5 3.5
Amortization - Total - Supplemental — — — — — — 0.0 0.0
Intangible Amortization - Other - Supplemental — — — — — — 0.0 0.0
Depreciation, Depletion & Amortization - Total 6.9 6.6 6.2 6.0 5.8 5.2 5.5 5.4
Depreciation - Total 6.9 6.6 6.2 6.0 5.8 5.2 5.5 5.4
Amortization of Intangible Assets excluding Goodwill - Total — — — — — — 0.0 0.0
Normalized after Tax Profit (46.4) 51.7 72.0 (2.7) 26.9 (2.7) 79.3 (13.7)
Normalized Net Income from Continuing Operations (46.4) 51.7 72.0 (2.7) 26.9 (2.7) 79.3 (13.7)
Normalized Net Income - Bottom Line (46.4) 51.7 72.0 (2.7) 26.9 (2.7) 79.3 (13.7)
Earnings before Interest & Taxes (EBIT) - Normalized (46.1) 52.5 69.4 (0.9) 28.6 (1.3) 79.2 (11.2)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized (39.2) 59.1 75.6 5.1 34.4 3.9 84.7 (5.9)
Interest Expense on Financial Lease Liabilities - Supplemental 0.2 0.8 0.7 1.2 1.1 1.3 1.2 1.7
Interest Expense 0.2 0.8 0.7 1.2 1.1 1.3 1.2 1.7
Investment Income - Insurance 70.4 64.8 62.8 57.0 54.3 58.1 64.6 73.5
Losses, Benefits & Adjustments - Insurance 318.7 354.8 245.6 222.9 230.8 219.0 152.4 86.7
Operating Expenses 1,143.4 1,127.9 1,019.5 781.6 610.9 694.8 748.5 466.2
Premiums Ceded Out & Unearned - Total 62.3 113.0 3,579.8 140.7 82.6 84.9 48.3 133.5
Selling, General & Administrative Expenses excluding Research & Development Expenses 140.6 143.4 133.3 110.9 107.3 103.7 103.0 93.2
Total Claim & Loss Expense 596.4 549.6 516.8 362.7 266.2 309.7 322.6 176.4
Underwriting & Commissions 391.6 429.9 357.9 299.7 229.2 275.1 309.7 190.3
Underwriting Expenses - Insurance 155.4 148.5 144.9 119.1 115.5 110.1 116.2 99.6
Income before Taxes & Provision for Loan Losses 12.1 14.0 84.4 14.5 26.2 (1.1) 79.0 (12.8)
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Ex Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tax Adjusted Operating Income 12.1 14.7 88.5 15.1 26.6 — 81.5 —
Underwriting Expenses minus Losses, Benefits & Adjustments - Insurance (163.3) (206.3) (100.7) (103.7) (115.3) (109.0) (36.2) 12.9
Operating Expenses excluding Non-Cash Charges - Total 1,136.5 1,121.4 1,013.3 775.5 605.0 689.6 743.1 460.9
Premiums Earned - Total 983.5 1,117.2 1,000.3 706.0 555.4 626.7 716.3 367.9
Losses, Benefits & Adjustments - Total 432.6 589.9 332.4 382.8 424.5 403.4 291.9 187.2
Income Available to Common Shares before Depreciation & Amortization 18.8 20.5 93.9 19.9 31.4 4.1 85.7 (8.2)
Fixed Charges 0.2 0.8 0.7 1.2 1.1 1.3 1.2 1.7
Net Premiums Written 983.5 1,117.2 1,000.3 706.0 555.4 626.7 716.3 367.9
Estimated Tax Rate 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

Every line the company reported, in the original order and wording, without regrouping or signs changed.