Avanceon Limited (AVN) quarterly income statement

Avanceon Limited reported revenue of Rs 3.3 bn for Q2 FY2026 (Apr – Jun 2026), up 20.6% on Q2 FY2025. Gross profit came to Rs 1.1 bn, a gross margin of 32.5%. Operating profit was -Rs 148.8 mn (an operating margin of -4.5%). Finance cost was Rs 129.0 mn, up 19.0% on Q2 FY2025. The loss attributable to shareholders was Rs 320.0 mn, or Rs -0.74 per share.

AVN income statement (quarterly) (Rs bn)
Rs bn	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
Revenue	17.7	3.3	3.8	8.5	2.2	2.7	2.5	7.0	3.9	3.3	2.0	9.6	2.2	4.7	1.2	4.9	2.3	1.0	1.3	3.5	1.2
Cost of revenue	(13.2)	(2.2)	(2.9)	(6.3)	(1.8)	(2.1)	(1.5)	(5.3)	(2.9)	(2.4)	(1.3)	(6.4)	(1.6)	(3.2)	(1.0)	(3.7)	(1.8)	(0.7)	(0.9)	(2.3)	(0.9)
Gross profit	4.5	1.1	0.9	2.2	0.4	0.6	1.0	1.7	1.0	0.9	0.7	3.2	0.7	1.5	0.2	1.2	0.5	0.3	0.5	1.2	0.3
Selling, general & administrative expenses	(3.3)	(1.2)	(0.7)	(0.9)	(0.5)	(0.8)	(0.6)	(0.7)	(0.5)	(0.8)	(0.5)	0.3	(0.4)	(5.4)	(0.5)	(0.8)	(0.4)	(0.4)	(0.2)	(0.4)	(0.2)
Operating profit	0.9	(0.1)	0.2	1.1	(0.2)	(0.0)	0.4	1.0	0.4	0.1	0.2	2.3	0.4	0.5	0.9	1.6	0.1	(0.1)	0.2	0.8	0.1
Finance cost	(0.5)	(0.1)	(0.1)	(0.2)	(0.1)	(0.1)	(0.1)	(0.2)	(0.1)	(0.1)	(0.1)	(0.2)	(0.1)	(0.1)	(0.1)	(0.1)	(0.1)	(0.0)	(0.0)	(0.0)	(0.0)
Profit before tax	0.4	(0.3)	0.1	0.9	(0.3)	(0.1)	0.3	1.1	0.3	0.0	0.0	2.2	0.3	0.4	0.8	(0.8)	0.9	0.6	0.4	1.0	0.2
Taxation	(0.2)	(0.0)	(0.0)	(0.1)	(0.0)	0.0	(0.0)	0.7	(0.0)	0.0	(0.0)	(1.0)	(0.0)	(0.0)	(0.0)	(0.1)	0.0	(0.1)	(0.0)	(0.0)	(0.0)
Profit after tax	0.2	(0.3)	0.1	0.8	(0.3)	(0.1)	0.3	1.7	0.3	0.0	0.0	1.1	0.3	0.4	0.8	(0.9)	0.9	0.6	0.4	1.0	0.2
Profit attributable to shareholders	0.2	(0.3)	0.1	0.8	(0.3)	(0.1)	0.3	1.7	0.3	0.0	(0.0)	1.1	0.3	0.4	0.7	(0.9)	0.9	0.5	0.3	0.9	0.2
Per share & other
EPS – basic (Rs) Rs	0.52	(0.74)	0.13	1.88	(0.75)	(0.25)	0.64	4.45	0.78	0.06	(0.05)	2.77	0.60	0.98	1.67	(1.86)	2.18	1.44	1.00	6.74	0.39
EPS – diluted (Rs) Rs	0.45	(0.74)	0.13	1.81	(0.75)	(0.25)	0.62	4.22	0.76	0.06	(0.05)	2.72	0.58	0.96	1.64	(1.86)	2.18	1.42	0.82	2.22	0.38
Dividend per share (Rs) Rs	1.00	0.00	0.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.63	0.00
EBITDA	1.2	(0.1)	0.2	1.2	(0.1)	0.1	0.5	1.1	0.4	0.1	0.2	2.3	0.4	0.5	0.9	1.7	0.2	(0.1)	0.3	0.8	0.1
Depreciation & amortisation	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Weighted average shares mn	432.4	432.4	415.7	423.6	414.2	436.4	416.9	381.4	395.8	415.0	422.1	413.0	453.6	419.6	412.8	476.1	394.1	370.1	338.1	138.7	403.6

AVN 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
Revenue	+20.6%	+49.2%	+20.8%	-44.2%	-17.2%	+27.7%	-27.0%	+73.0%	-30.3%	+64.7%	+95.3%	-2.6%	+380.4%	-9.9%	+39.9%	+89.3%	-11.1%	+4.0%	+24.7%	-25.0%
Cost of revenue	+6.4%	+85.8%	+18.5%	-38.5%	-12.5%	+20.8%	-16.9%	+86.8%	-26.8%	+34.2%	+73.7%	-11.5%	+356.9%	+9.9%	+60.7%	+96.9%	-14.8%	+6.1%	+15.3%	-23.4%
Gross profit	+66.9%	-8.5%	+28.2%	-61.8%	-29.7%	+40.5%	-47.1%	+40.9%	-37.9%	+182.4%	+159.3%	+27.1%	+442.2%	-46.8%	+1.1%	+67.7%	+0.3%	+0.2%	+47.2%	-29.3%
Selling, general & administrative expenses	+53.5%	+33.4%	+37.3%	-9.3%	-4.0%	+12.0%	—	+35.6%	-85.5%	+10.2%	-142.5%	-0.4%	+1,255.2%	+105.4%	+124.6%	+106.5%	+73.1%	+43.7%	+78.3%	+61.0%
Operating profit	—	-54.5%	+8.9%	-152.9%	-110.1%	+159.5%	-56.1%	-0.5%	-79.6%	-81.3%	+40.0%	+218.1%	—	+253.2%	+96.1%	+3.5%	-327.0%	-32.4%	+78.7%	-67.4%
Finance cost	+19.0%	-36.0%	+2.6%	+24.1%	+17.9%	+21.5%	-21.1%	-14.8%	+52.8%	+109.6%	+169.6%	+37.7%	+63.8%	+24.5%	+90.9%	+110.5%	+9.9%	+119.8%	+9.0%	-25.2%
Profit before tax	—	-73.1%	-16.7%	-195.2%	-1,968.3%	+621.7%	-51.1%	+3.7%	-98.5%	-95.1%	—	-65.6%	-33.5%	+112.5%	-182.9%	+396.3%	+105.5%	+44.7%	+133.9%	-45.2%
Taxation	—	+47.9%	—	-30.4%	—	-55.1%	-162.0%	-33.3%	-494.7%	-39.3%	+1,403.5%	—	-96.3%	+209.7%	+40.7%	-123.0%	+12.9%	+2.6%	-62.2%	+84.2%
Profit after tax	—	-78.8%	-53.4%	-202.6%	-698.8%	+2,469.3%	+50.0%	+6.4%	-95.9%	-98.6%	—	-68.2%	-25.0%	+108.3%	-194.5%	+486.2%	+131.2%	+47.2%	+219.9%	-51.1%
Profit attributable to shareholders	—	-79.7%	-52.9%	-200.6%	-522.2%	—	+48.4%	+13.3%	-93.7%	-102.8%	—	-68.3%	-22.5%	+102.8%	-194.7%	+452.7%	+120.0%	+38.7%	+212.2%	-51.1%
Per share & other
EPS – basic (Rs)	—	-79.7%	-57.6%	-196.2%	-501.5%	—	+60.7%	+29.9%	-93.7%	-102.7%	—	-72.5%	-31.7%	+66.1%	-127.6%	+466.0%	+141.2%	+67.1%	+804.3%	-51.2%
EPS – diluted (Rs)	—	-79.0%	-57.1%	-198.7%	-501.5%	—	+55.2%	+30.1%	-93.5%	-102.8%	—	-73.2%	-32.2%	+98.8%	-183.9%	+475.5%	+138.7%	+39.5%	+197.7%	-50.7%
Dividend per share (Rs)	—	—	—	—	—	—	-100.0%	—	—	—	—	—	—	—	-100.0%	—	—	—	+20.0%	—
EBITDA	-237.3%	-48.4%	+8.5%	-132.9%	-59.7%	+134.2%	-54.8%	+1.0%	-71.8%	-77.1%	+41.0%	+190.8%	—	+239.2%	+96.2%	+10.9%	-292.7%	-29.2%	+75.9%	-65.1%
Depreciation & amortisation	-2.0%	-6.9%	+1.9%	+48.4%	+42.0%	+40.6%	-5.1%	+17.1%	+27.6%	+35.6%	+91.5%	+51.7%	+97.9%	+64.7%	+104.0%	+74.5%	—	+66.0%	-3.7%	-12.2%
Weighted average shares	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

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

AVN 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
Revenue	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%
Cost of revenue	(67.5%)	(76.2%)	(74.2%)	(83.2%)	(76.5%)	(61.2%)	(75.7%)	(75.5%)	(72.3%)	(64.7%)	(66.5%)	(69.9%)	(68.9%)	(79.4%)	(74.8%)	(76.9%)	(72.5%)	(65.1%)	(65.1%)	(74.0%)
Gross profit	32.5%	23.8%	25.8%	16.8%	23.5%	38.8%	24.3%	24.5%	27.7%	35.3%	33.5%	30.1%	31.1%	20.6%	25.2%	23.1%	27.5%	34.9%	34.9%	26.0%
Selling, general & administrative expenses	(35.5%)	(19.9%)	(10.9%)	(22.8%)	(27.9%)	(22.2%)	(9.6%)	(14.0%)	(24.0%)	(25.4%)	3.5%	(17.9%)	(115.5%)	(37.9%)	(16.1%)	(17.5%)	(40.9%)	(16.6%)	(10.0%)	(16.0%)
Operating profit	(4.5%)	5.0%	12.9%	(9.8%)	(0.4%)	16.5%	14.3%	10.3%	3.0%	8.1%	23.8%	17.9%	10.2%	71.4%	33.2%	5.5%	(13.0%)	18.2%	23.7%	10.0%
Finance cost	(3.9%)	(2.5%)	(1.9%)	(4.4%)	(4.0%)	(5.8%)	(2.3%)	(2.0%)	(2.8%)	(6.1%)	(2.1%)	(4.0%)	(1.3%)	(4.8%)	(1.5%)	(2.9%)	(3.7%)	(3.5%)	(1.1%)	(2.6%)
Profit before tax	(8.5%)	2.0%	10.6%	(14.2%)	(4.4%)	11.3%	15.3%	8.3%	0.2%	2.0%	22.9%	13.9%	9.0%	66.6%	(17.0%)	39.3%	64.8%	28.3%	28.6%	15.0%
Taxation	(1.2%)	(0.5%)	(1.1%)	(0.4%)	0.5%	(0.5%)	9.3%	(0.4%)	0.3%	(1.5%)	(10.9%)	(0.9%)	(0.1%)	(4.0%)	(1.4%)	0.3%	(7.7%)	(1.2%)	(1.4%)	(2.2%)
Profit after tax	(9.7%)	1.5%	9.5%	(14.6%)	(3.8%)	10.8%	24.6%	8.0%	0.5%	0.5%	12.0%	12.9%	8.9%	62.7%	(18.4%)	39.6%	57.1%	27.1%	27.2%	12.8%
Profit attributable to shareholders	(9.8%)	1.4%	9.4%	(14.3%)	(4.0%)	10.6%	24.2%	8.0%	0.8%	(1.0%)	11.9%	12.1%	8.8%	57.5%	(18.0%)	37.3%	54.3%	25.5%	26.6%	12.8%
Per share & other
EBITDA	(2.5%)	6.5%	13.6%	(6.8%)	2.2%	18.9%	15.1%	11.4%	4.5%	10.3%	24.4%	19.6%	11.1%	74.1%	33.8%	6.6%	(11.0%)	19.7%	24.1%	11.2%
Depreciation & amortisation	2.1%	1.5%	0.7%	3.0%	2.5%	2.4%	0.8%	1.1%	1.5%	2.2%	0.6%	1.7%	0.8%	2.7%	0.6%	1.1%	2.0%	1.5%	0.4%	1.2%

Each line as a percentage of revenue.

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 106

AVN 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	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
Revenue from Goods & Services	3,276.4	3,760.8	8,481.6	2,166.2	2,716.9	2,520.9	7,018.6	3,881.8	3,282.2	1,973.5	9,618.7	2,244.3	4,706.1	1,198.3	4,924.9	2,304.4	979.6	1,329.6	3,520.1	1,217.2
Sales of Goods & Services - Net - Unclassified	3,276.4	3,760.8	8,481.6	2,166.2	2,716.9	2,520.9	7,018.6	3,881.8	3,282.2	1,973.5	9,618.7	2,244.3	4,706.1	1,198.3	4,924.9	2,304.4	979.6	1,329.6	3,520.1	1,217.2
Revenue from Business Activities - Total	3,276.4	3,760.8	8,481.6	2,166.2	2,716.9	2,520.9	7,018.6	3,881.8	3,282.2	1,973.5	9,618.7	2,244.3	4,706.1	1,198.3	4,924.9	2,304.4	979.6	1,329.6	3,520.1	1,217.2
Cost of Operating Revenue	2,210.4	2,866.0	6,296.5	1,802.6	2,078.1	1,542.9	5,313.6	2,930.9	2,374.1	1,277.2	6,397.3	1,569.2	3,243.1	951.7	3,682.7	1,773.2	709.8	865.9	2,291.0	900.4
Cost of Revenues - Total	2,210.4	2,866.0	6,296.5	1,802.6	2,078.1	1,542.9	5,313.6	2,930.9	2,374.1	1,277.2	6,397.3	1,569.2	3,243.1	951.7	3,682.7	1,773.2	709.8	865.9	2,291.0	900.4
Cost of Revenues - Unclassified	—	—	—	—	—	—	5,313.6	2,930.9	—	—	—	—	—	—	—	—	—	—	—	—
Selling, General & Administrative Expenses - Total	1,162.9	747.8	920.6	493.2	757.4	560.6	670.8	543.9	789.2	500.5	(337.4)	401.0	5,433.4	454.0	793.0	402.7	400.9	221.1	353.0	195.0
Selling, General & Administrative Expenses - Unclassified	—	—	—	—	—	—	—	—	774.1	—	—	—	5,443.0	—	—	—	—	—	—	—
Labor & Related Expenses including Stock-Based Compensation in Cost of Revenues	—	—	—	—	—	—	(0.0)	0.0	—	—	—	—	—	—	—	—	—	—	—	—
Other Operating Expense/(Income) - Net	51.9	(42.1)	170.4	82.2	(108.8)	1.7	29.7	6.9	20.6	35.6	1,270.9	(128.0)	(4,452.8)	(1,063.6)	(1,184.5)	2.2	(3.9)	0.3	42.9	(0.3)
Other Operating Income - Total	32.5	0.0	—	—	146.2	0.5	71.1	16.6	20.3	2.3	—	129.9	4,454.4	1,065.2	—	2.9	5.7	0.8	1.4	1.4
Gross Profit - Industrials/Property - Total	1,065.9	894.8	2,185.1	363.6	638.7	978.0	1,705.0	950.9	908.1	696.3	3,221.4	675.0	1,462.9	246.6	1,242.1	531.2	269.8	463.7	1,229.1	316.8
Operating Expenses - Total	3,425.1	3,571.7	7,387.5	2,378.0	2,726.7	2,105.2	6,014.1	3,481.7	3,183.9	1,813.4	7,330.8	1,842.2	4,223.8	342.2	3,291.2	2,178.0	1,106.8	1,087.3	2,687.0	1,095.1
Selling, General & Administrative Expenses - Other - Total	—	—	—	—	—	—	—	—	15.1	—	—	—	(9.6)	—	—	—	—	—	—	—
Operating Profit before Non-Recurring Income/(Expense)	(148.8)	189.2	1,094.1	(211.8)	(9.9)	415.7	1,004.5	400.1	98.3	160.2	2,287.9	402.0	482.3	856.1	1,633.6	126.4	(127.3)	242.4	833.1	122.1
Financing Income/(Expense) - Net - Total	(129.0)	(112.5)	(158.6)	(95.7)	(108.4)	(131.1)	(74.5)	(77.1)	(91.9)	(120.8)	(200.3)	(90.5)	(60.1)	(57.6)	(2,444.4)	779.0	753.9	133.3	164.4	59.6
Property & Other Taxes	—	—	—	—	—	—	—	—	15.1	—	—	—	(9.6)	—	—	—	—	—	—	—
Interest Expense - Net of (Interest Income)	129.0	93.9	158.6	95.7	108.4	146.7	151.6	77.1	91.9	120.8	200.3	90.5	60.1	57.6	73.6	65.5	31.8	45.2	35.0	31.1
Other Operating Expense	84.3	3.0	—	82.2	37.5	2.2	100.9	23.5	40.9	37.8	1,270.9	1.9	1.7	1.7	—	5.1	1.9	1.1	1.6	1.1
Interest Expense - Net of Capitalized Interest	129.0	93.9	162.1	95.7	108.4	146.7	158.1	77.1	91.9	120.8	200.3	90.5	60.1	57.6	74.3	65.8	36.7	46.2	38.9	31.3
Operating Provisions - Increase/(Decrease)	—	(45.0)	—	—	—	—	—	—	—	—	—	—	—	—	—	0.0	0.0	0.0	42.7	0.0
Non-Interest Financial Income/(Expense) - Total	—	(18.6)	—	—	—	15.6	77.1	—	—	—	—	—	—	—	(2,370.9)	844.5	785.7	178.5	199.3	90.8
Sale of Tangible & Intangible Fixed Assets - Gain/Loss	—	—	2.3	—	—	—	0.3	—	—	—	—	—	—	—	(23.9)	1.2	7.9	—	9.0	0.9
Equity Earnings/(Loss) - before Taxes including Non-Recurring	—	—	23.7	—	—	—	179.5	—	—	—	110.4	—	—	—	—	—	—	—	—	—
Other Non-Operating Income/(Expense) - Total	(0.0)	0.0	(66.5)	0.0	—	—	(35.6)	—	0.0	—	—	0.0	—	—	(0.5)	0.0	0.1	0.2	1.0	0.0
Foreign Exchange Gain/(Loss) - Non-Business	—	(18.6)	—	—	—	15.6	77.1	—	—	—	—	—	—	—	(2,370.9)	844.5	785.7	178.5	199.4	90.8
Normalized Pre-tax Profit	(277.8)	76.6	895.0	(307.4)	(118.2)	284.6	1,074.2	323.0	6.3	39.4	2,197.9	311.5	422.2	798.5	(835.3)	906.6	634.7	375.8	1,007.4	182.7
Interest Income - Non-Bank	—	0.0	3.6	—	—	—	6.5	—	—	—	—	—	—	—	0.7	0.3	4.9	1.0	4.0	0.1
Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(0.0)	0.0
Provision for Income Tax Expense- Unclassified	39.5	19.2	91.0	9.7	(14.6)	13.0	(650.3)	13.9	(11.0)	28.9	1,048.1	20.9	2.8	47.5	69.7	(6.2)	75.8	15.3	49.5	27.0
Income before Taxes	(277.8)	76.6	895.0	(307.4)	(118.2)	284.6	1,074.2	323.0	6.3	39.4	2,197.9	311.5	422.2	798.5	(835.3)	906.6	634.7	375.8	1,007.4	182.7
Income Taxes	39.5	19.2	91.0	9.7	(14.6)	13.0	(650.3)	13.9	(11.0)	28.9	1,048.1	20.9	2.8	47.5	69.7	(6.2)	75.8	15.3	49.5	27.0
Net Income after Tax	(317.3)	57.5	804.0	(317.1)	(103.6)	271.6	1,724.5	309.1	17.3	10.6	1,149.8	290.6	419.4	751.0	(905.0)	912.8	558.8	360.5	957.9	155.7
Income before Discontinued Operations & Extraordinary Items	(317.3)	57.5	804.0	(317.1)	(103.6)	271.6	1,724.5	309.1	17.3	10.6	1,149.8	290.6	419.4	751.0	(905.0)	912.8	558.8	360.5	957.9	155.7
Net Income before Minority Interest	(317.3)	57.5	804.0	(317.1)	(103.6)	271.6	1,724.5	309.1	17.3	10.6	1,149.8	290.6	419.4	751.0	(905.0)	912.8	558.8	360.5	957.9	155.7
Minority Interest	2.7	3.4	6.1	(6.5)	5.5	4.8	29.0	0.4	(8.5)	29.8	7.4	18.2	7.4	62.5	(19.3)	52.3	27.1	21.0	23.1	—
Net Income after Minority Interest	(320.0)	54.0	797.9	(310.6)	(109.1)	266.8	1,695.5	308.7	25.8	(19.2)	1,142.4	272.5	412.0	688.5	(885.7)	860.5	531.8	339.5	934.8	155.7
Income Available to Common Shares	(320.0)	54.0	797.9	(310.6)	(109.1)	266.8	1,695.5	308.7	25.8	(19.2)	1,142.4	272.5	412.0	688.5	(885.7)	860.5	531.8	339.5	934.8	155.7
Other Comprehensive Income - Starting Line	(317.3)	57.5	804.0	(317.1)	(103.6)	271.6	1,724.5	309.1	17.3	10.6	1,149.8	290.6	419.4	751.0	(905.0)	912.8	558.8	360.5	957.9	155.7
Other Comprehensive Income - Foreign Currency	(23.8)	2.7	(174.1)	(91.2)	208.4	90.3	113.3	(107.9)	(104.9)	(38.2)	(801.2)	(216.8)	505.2	1,719.5	373.3	260.2	190.1	222.3	109.9	76.3
Other Comprehensive Income - Revaluation of Tangible & Intangible Assets	—	—	—	—	—	—	—	—	—	0.0	—	—	—	(0.4)	77.6	(0.8)	—	—	16.3	(0.6)
Other Comprehensive Income - Net of Tax - Total	(23.8)	2.7	(174.1)	(91.2)	208.4	90.3	113.3	(107.9)	(104.9)	(38.2)	(801.2)	(216.8)	505.2	1,719.1	450.9	259.3	190.1	222.3	126.2	75.7
Comprehensive Income before Minority Interest - Total	(341.1)	60.1	629.9	(408.4)	104.8	361.9	1,837.8	201.2	(87.6)	(27.6)	348.6	73.8	924.6	2,470.1	(454.1)	1,172.1	748.9	582.8	1,084.0	231.4
Comprehensive Income - Attributable to Minority Interest - Total	2.7	3.4	6.1	(6.5)	5.5	4.8	29.0	0.4	(8.5)	10.6	7.4	18.2	7.4	62.5	—	—	—	—	—	—
Comprehensive Income - Attributable to Parent Company Equity Holders - Total	(343.8)	56.7	623.8	(401.9)	99.3	357.1	1,808.8	200.8	(79.1)	(19.2)	341.2	55.7	917.2	2,407.6	(454.1)	1,172.1	748.9	582.8	1,084.0	231.4
Earnings Adjustments to Net Income - Other Expense/(Income)	(0.0)	0.0	—	—	(0.0)	(0.0)	—	(0.0)	—	0.0	—	0.0	—	(0.0)	—	0.0	—	—	—	—
DPS - Common - Gross - Issue - By Period End Date Rs	0.00	0.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.63	0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total	(320.0)	54.0	797.9	(310.6)	(109.1)	266.8	1,695.5	308.7	25.8	(19.2)	1,142.4	272.5	412.0	688.5	(885.7)	860.5	531.8	339.5	934.8	155.7
Income available to Common excluding Extraordinary Items	(320.0)	54.0	797.9	(310.6)	(109.1)	266.8	1,695.5	308.7	25.8	(19.2)	1,142.4	272.5	412.0	688.5	(885.7)	860.5	531.8	339.5	934.8	155.7
Shares used to calculate Basic EPS - Total mn	432.4	415.7	423.6	414.2	436.4	416.9	381.4	395.8	415.0	422.1	413.0	453.6	419.6	412.8	476.1	394.1	370.1	338.1	138.7	403.6
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs	(0.74)	0.13	1.88	(0.75)	(0.25)	0.64	4.45	0.78	0.06	(0.05)	2.77	0.60	0.98	1.67	(1.86)	2.18	1.44	1.00	6.74	0.39
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs	(0.74)	0.13	1.88	(0.75)	(0.25)	0.64	4.45	0.78	0.06	(0.05)	2.77	0.60	0.98	1.67	(1.86)	2.18	1.44	1.00	6.74	0.39
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs	(0.74)	0.13	1.88	(0.75)	(0.25)	0.64	4.45	0.78	0.06	(0.05)	2.77	0.60	0.98	1.67	(1.86)	2.18	1.44	1.00	6.74	0.39
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific	(320.0)	54.0	797.9	(310.6)	(109.1)	266.8	1,695.5	308.7	25.8	(19.2)	1,142.4	272.5	412.0	688.5	(885.7)	860.5	531.8	339.5	934.8	155.7
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×	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	432.4	415.7	423.6	414.2	436.4	416.9	381.4	395.8	415.0	422.1	413.0	453.6	419.6	412.8	476.1	394.1	370.1	338.1	138.7	403.6
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs	(0.74)	0.13	1.88	(0.75)	(0.25)	0.64	4.45	0.78	0.06	(0.05)	2.77	0.60	0.98	1.67	(1.86)	2.18	1.44	1.00	6.74	0.39
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs	(0.74)	0.13	1.88	(0.75)	(0.25)	0.64	4.45	0.78	0.06	(0.05)	2.77	0.60	0.98	1.67	(1.86)	2.18	1.44	1.00	6.74	0.39
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs	(0.74)	0.13	1.88	(0.75)	(0.25)	0.64	4.45	0.78	0.06	(0.05)	2.77	0.60	0.98	1.67	(1.86)	2.18	1.44	1.00	6.74	0.39
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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Comprehensive Earnings Per Share - Basic - Issue Specific Rs	(0.80)	0.14	1.47	(0.97)	0.23	0.86	4.74	0.51	(0.19)	(0.05)	0.83	0.12	2.19	5.83	(0.95)	2.97	2.02	1.72	7.81	0.57
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total	(320.0)	54.0	797.9	(310.6)	(109.1)	266.8	1,695.5	308.7	25.8	(19.2)	1,142.4	272.5	412.0	688.5	(885.7)	860.5	531.8	339.5	934.8	155.7
Diluted Income available to Common excluding Extraordinary Items	(320.0)	54.0	797.9	(310.6)	(109.1)	266.8	1,695.5	308.7	25.8	(19.2)	1,142.4	272.5	412.0	688.5	(885.7)	860.5	531.8	339.5	934.8	155.7
Shares used to calculate Diluted EPS - Total mn	432.4	415.7	440.6	414.2	436.4	430.4	401.6	406.2	415.0	422.1	419.9	466.3	427.6	420.8	476.1	394.1	374.0	412.4	421.4	410.3
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs	(0.74)	0.13	1.81	(0.75)	(0.25)	0.62	4.22	0.76	0.06	(0.05)	2.72	0.58	0.96	1.64	(1.86)	2.18	1.42	0.82	2.22	0.38
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs	(0.74)	0.13	1.81	(0.75)	(0.25)	0.62	4.22	0.76	0.06	(0.05)	2.72	0.58	0.96	1.64	(1.86)	2.18	1.42	0.82	2.22	0.38
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs	(0.74)	0.13	1.81	(0.75)	(0.25)	0.62	4.22	0.76	0.06	(0.05)	2.72	0.58	0.96	1.64	(1.86)	2.18	1.42	0.82	2.22	0.38
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific	(320.0)	54.0	797.9	(310.6)	(109.1)	266.8	1,695.5	308.7	25.8	(19.2)	1,142.4	272.5	412.0	688.5	(885.7)	860.5	531.8	339.5	934.8	155.7
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×	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	432.4	415.7	440.6	414.2	436.4	430.4	401.6	406.2	415.0	422.1	419.9	466.3	427.6	420.8	476.1	394.1	374.0	412.4	421.4	410.3
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs	(0.74)	0.13	1.81	(0.75)	(0.25)	0.62	4.22	0.76	0.06	(0.05)	2.72	0.58	0.96	1.64	(1.86)	2.18	1.42	0.82	2.22	0.38
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs	(0.74)	0.13	1.81	(0.75)	(0.25)	0.62	4.22	0.76	0.06	(0.05)	2.72	0.58	0.96	1.64	(1.86)	2.18	1.42	0.82	2.22	0.38
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs	(0.74)	0.13	1.81	(0.75)	(0.25)	0.62	4.22	0.76	0.06	(0.05)	2.72	0.58	0.96	1.64	(1.86)	2.18	1.42	0.82	2.22	0.38
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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Comprehensive Earnings Per Share - Diluted - Issue Specific Rs	(0.80)	0.14	1.42	(0.97)	0.23	0.83	4.50	0.49	(0.19)	(0.05)	0.81	0.12	2.15	5.72	(0.95)	2.97	2.00	1.41	2.57	0.56
DPS - Common - Gross - Issue - By Announcement Date Rs	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.63	0.00	0.00
DPS - Common - Net - Issue - By Announcement Date Rs	0.90	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.64	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.57	0.00	0.00
Earnings before Interest & Taxes (EBIT)	(148.8)	189.2	1,094.1	(211.8)	(9.9)	415.7	1,004.5	400.1	98.3	160.2	2,287.9	402.0	482.3	856.1	1,633.6	126.4	(127.3)	242.4	833.1	122.1
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA)	(81.2)	245.9	1,153.2	(146.3)	59.1	476.6	1,062.4	444.3	146.8	203.6	2,349.0	439.7	520.4	888.1	1,665.5	151.2	(108.0)	261.8	848.8	136.4
Depreciation, Depletion & Amortization - Total	67.6	56.7	59.1	65.5	69.0	61.0	58.0	44.1	48.6	43.4	61.1	37.7	38.1	32.0	31.9	24.9	19.2	19.4	15.6	14.2
Depreciation - Total	56.8	45.9	53.7	51.3	55.3	46.5	58.0	44.1	48.6	43.4	61.1	37.7	38.1	32.0	31.9	24.9	19.2	19.4	15.6	14.2
Amortization of Intangible Assets including Goodwill - Total	10.8	10.9	5.4	14.1	13.7	14.5	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Labor & Related Expenses - Total	—	—	—	—	—	—	(0.0)	0.0	—	—	—	—	—	—	—	—	—	—	—	—
Labor & Related Expenses - Supplemental	—	—	—	—	—	—	(0.0)	0.0	—	—	—	—	—	—	—	—	—	—	—	—
Stock-Based Compensation Expense - Net of Tax - Supplemental	—	—	—	—	—	2.1	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Stock-Based Compensation Expense - Pre-tax - Supplemental	—	—	—	—	—	2.9	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Stock-Based Compensation - Tax Benefit - Supplemental	—	—	—	—	—	0.9	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Normalized after Tax Profit	(317.3)	57.5	804.0	(317.1)	(103.6)	271.6	1,724.5	309.1	17.3	10.6	1,149.8	290.6	419.4	751.0	(905.0)	912.8	558.8	360.5	957.9	155.7
Normalized Net Income from Continuing Operations	(317.3)	57.5	804.0	(317.1)	(103.6)	271.6	1,724.5	309.1	17.3	10.6	1,149.8	290.6	419.4	751.0	(905.0)	912.8	558.8	360.5	957.9	155.7
Normalized Net Income - Bottom Line	(320.0)	54.0	797.9	(310.6)	(109.1)	266.8	1,695.5	308.7	25.8	(19.2)	1,142.4	272.5	412.0	688.5	(885.7)	860.5	531.8	339.5	934.8	155.7
Earnings before Interest & Taxes (EBIT) - Normalized	(148.8)	170.5	1,053.6	(211.8)	(9.9)	431.3	1,225.8	400.1	98.3	160.2	2,398.2	402.0	482.3	856.1	(761.7)	972.1	666.5	421.0	1,042.4	213.8
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized	(81.2)	227.3	1,112.7	(146.3)	59.1	492.2	1,283.7	444.3	146.8	203.6	2,459.3	439.7	520.4	888.1	(729.8)	996.9	685.7	440.5	1,058.0	228.1
Interest Expense	129.0	93.9	162.1	95.7	108.4	146.7	158.1	77.1	91.9	120.8	200.3	90.5	60.1	57.6	74.3	65.8	36.7	46.2	38.9	31.3
Operating Expenses	3,425.1	3,571.7	7,387.5	2,378.0	2,726.7	2,105.2	6,014.1	3,481.7	3,183.9	1,813.4	7,330.8	1,842.2	4,223.8	342.2	3,291.2	2,178.0	1,106.8	1,087.3	2,687.0	1,095.1
Selling, General & Administrative Expenses excluding Research & Development Expenses	1,162.9	747.8	920.6	493.2	757.4	560.6	670.8	543.9	789.2	500.5	(337.4)	401.0	5,433.4	454.0	793.0	402.7	400.9	221.1	353.0	195.0
Income before Taxes & Provision for Loan Losses	(277.8)	76.6	895.0	(307.4)	(118.2)	284.6	1,074.2	323.0	6.3	39.4	2,197.9	311.5	422.2	798.5	(835.3)	906.6	634.7	375.8	1,007.4	182.7
Cost of Revenue including Operation & Maintenance (Utility) - Total	2,210.4	2,866.0	6,296.5	1,802.6	2,078.1	1,542.9	5,313.6	2,930.9	2,374.1	1,277.2	6,397.3	1,569.2	3,243.1	951.7	3,682.7	1,773.2	709.8	865.9	2,291.0	900.4
Cost of Revenues excluding Depreciation	2,210.4	2,866.0	6,296.5	1,802.6	2,078.1	1,542.9	5,313.6	2,930.9	2,374.1	1,277.2	6,397.3	1,569.2	3,243.1	951.7	3,682.7	1,773.2	709.8	865.9	2,291.0	900.4
DPS - Common - Gross - Issue - By Payable Date Rs	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.63	0.00	0.00	0.00
DPS - Common - Gross - Issue - By Ex Date Rs	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.63	0.00	0.00	0.00
Tax Adjusted Operating Income	—	124.5	943.5	—	—	406.8	1,949.3	382.5	277.2	13.2	1,247.2	356.9	471.8	742.7	—	926.7	564.1	383.9	971.8	182.3
Operating Expenses excluding Non-Cash Charges - Total	3,357.5	3,514.9	7,328.4	2,312.5	2,657.7	2,044.2	5,956.1	3,437.5	3,135.3	1,770.0	7,269.7	1,804.5	4,185.7	310.2	3,259.3	2,153.2	1,087.6	1,067.8	2,671.3	1,080.8
Income Available to Common Shares before Depreciation & Amortization	(252.4)	110.8	857.0	(245.1)	(40.1)	327.8	1,753.4	352.8	74.4	24.2	1,203.5	310.2	450.1	720.5	(853.8)	885.4	551.0	358.9	950.5	169.9
Fixed Charges	129.0	93.9	162.1	95.7	108.4	146.7	158.1	77.1	91.9	120.8	200.3	90.5	60.1	57.6	74.3	65.8	36.7	46.2	38.9	31.3
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×	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	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.63	0.00	0.00

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