Crescent Steel & Allied Products Limited (CSAP) quarterly income statement

Crescent Steel & Allied Products Limited reported revenue of Rs 2.6 bn for Q4 FY2026 (Apr – Jun 2026), up 223.0% on Q4 FY2025. Gross profit came to Rs 699.0 mn, a gross margin of 26.7%. Operating profit was Rs 525.4 mn (an operating margin of 20.1%). Finance cost was Rs 21.6 mn. Tax of Rs 354.0 mn took 33.5% of pre-tax profit. Profit attributable to shareholders was Rs 761.8 mn, or Rs 9.81 per share.

CSAP income statement (quarterly) (Rs mn)
Rs mn	TTM to Jun 2026	Q4 FY2026 Apr – Jun 2026	Q3 FY2026 Jan – Mar 2026	Q2 FY2026 Oct – Dec 2025	Q1 FY2026 Jul – Sep 2025	Q4 FY2025 Apr – Jun 2025	Q3 FY2025 Jan – Mar 2025	Q2 FY2025 Oct – Dec 2024	Q1 FY2025 Jul – Sep 2024	Q4 FY2024 Apr – Jun 2024	Q3 FY2024 Jan – Mar 2024	Q2 FY2024 Oct – Dec 2023	Q1 FY2024 Jul – Sep 2023	Q4 FY2023 Apr – Jun 2023	Q3 FY2023 Jan – Mar 2023	Q2 FY2023 Oct – Dec 2022	Q1 FY2023 Jul – Sep 2022	Q4 FY2022 Apr – Jun 2022	Q3 FY2022 Jan – Mar 2022	Q2 FY2022 Oct – Dec 2021	Q1 FY2022 Jul – Sep 2021
Revenue	7,946.6	2,617.7	1,616.6	2,431.5	1,280.8	810.5	2,423.9	1,966.1	1,145.8	3,451.0	1,383.2	2,930.6	1,346.8	1,025.6	1,273.6	1,210.8	1,005.7	1,992.2	2,457.1	1,191.7	1,449.0
Cost of revenue	(5,964.5)	(1,918.7)	(1,265.2)	(1,907.7)	(873.0)	(686.4)	(1,719.0)	(1,438.2)	(919.8)	(2,407.4)	(1,121.1)	(1,894.4)	(1,020.1)	(615.4)	(918.5)	(1,105.5)	(1,100.3)	(2,188.9)	(2,405.7)	(1,171.7)	(1,388.9)
Gross profit	1,982.1	699.0	351.5	523.8	407.8	124.1	704.9	527.9	226.0	1,043.6	262.1	1,036.2	326.7	410.2	355.1	105.3	(94.6)	(196.8)	51.3	20.1	60.1
Selling, general & administrative expenses	(715.7)	(165.6)	(177.9)	(234.2)	(138.1)	(141.1)	(290.8)	(153.4)	(101.4)	(148.9)	(153.0)	(186.1)	(100.0)	(174.6)	(103.8)	(95.6)	(84.2)	(87.6)	(105.4)	(88.0)	(66.6)
Operating profit	1,224.6	525.4	151.7	288.7	258.9	369.4	1,089.4	(926.7)	131.9	755.5	137.7	797.5	225.2	264.3	255.2	13.8	(153.1)	(288.5)	(44.0)	(72.5)	(9.9)
Finance cost	(131.3)	(21.6)	(15.7)	(29.4)	(64.6)	—	(68.7)	(89.0)	(58.1)	(45.2)	(99.9)	(133.9)	(129.2)	(14.1)	(94.3)	(86.3)	(60.4)	(17.9)	(65.8)	(66.1)	(50.8)
Profit before tax	2,068.8	1,056.8	(149.5)	358.2	803.3	(140.8)	465.0	(292.2)	398.8	766.9	293.7	1,021.1	363.7	427.0	343.1	87.2	(158.6)	(609.9)	11.9	(6.6)	(182.7)
Taxation	(700.2)	(354.0)	(5.3)	(76.5)	(264.4)	(151.6)	(91.1)	(6.9)	(66.9)	(603.6)	(29.8)	(410.2)	(84.4)	(103.5)	(65.7)	122.9	61.9	60.9	23.0	22.9	33.3
Profit after tax	1,368.6	702.8	(154.8)	281.7	538.9	(292.4)	373.9	(299.1)	331.9	163.4	263.8	610.9	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Profit attributable to shareholders	1,532.7	761.8	(69.0)	276.8	563.1	(376.2)	318.2	(317.4)	331.9	163.4	245.1	584.0	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Per share & other
EPS – basic (Rs) Rs	19.74	9.81	(0.89)	3.57	7.25	(4.85)	4.10	(4.09)	4.28	2.10	3.16	7.52	3.60	4.17	3.57	2.71	(1.25)	(7.07)	0.45	0.21	(1.92)
EPS – diluted (Rs) Rs	19.74	9.81	(0.89)	3.57	7.25	(4.85)	4.10	(4.09)	4.28	2.10	3.16	7.52	3.60	4.17	3.57	2.71	(1.25)	(7.07)	0.45	0.21	(1.92)
Dividend per share (Rs) Rs	5.50	3.50	0.00	2.00	0.00	2.50	3.00	2.00	0.00	0.00	0.00	2.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	1,534.9	606.1	226.5	370.0	332.2	461.9	1,150.0	(878.8)	203.8	825.3	204.8	869.4	284.9	323.9	314.8	73.5	(97.6)	(234.7)	7.9	(20.5)	42.5
Depreciation & amortisation	310.2	80.7	74.9	81.3	73.3	92.5	60.6	48.0	72.0	69.8	67.0	71.9	59.6	59.5	59.6	59.7	55.5	53.7	51.9	52.0	52.4
Weighted average shares mn	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6

CSAP income statement — year-on-year change (Rs mn)
Rs mn	Q4 FY2026 Apr – Jun 2026	Q3 FY2026 Jan – Mar 2026	Q2 FY2026 Oct – Dec 2025	Q1 FY2026 Jul – Sep 2025	Q4 FY2025 Apr – Jun 2025	Q3 FY2025 Jan – Mar 2025	Q2 FY2025 Oct – Dec 2024	Q1 FY2025 Jul – Sep 2024	Q4 FY2024 Apr – Jun 2024	Q3 FY2024 Jan – Mar 2024	Q2 FY2024 Oct – Dec 2023	Q1 FY2024 Jul – Sep 2023	Q4 FY2023 Apr – Jun 2023	Q3 FY2023 Jan – Mar 2023	Q2 FY2023 Oct – Dec 2022	Q1 FY2023 Jul – Sep 2022	Q4 FY2022 Apr – Jun 2022	Q3 FY2022 Jan – Mar 2022	Q2 FY2022 Oct – Dec 2021	Q1 FY2022 Jul – Sep 2021
Revenue	+223.0%	-33.3%	+23.7%	+11.8%	-76.5%	+75.2%	-32.9%	-14.9%	+236.5%	+8.6%	+142.0%	+33.9%	-48.5%	-48.2%	+1.6%	-30.6%	+29.7%	+29.0%	-21.7%	-37.1%
Cost of revenue	+179.5%	-26.4%	+32.6%	-5.1%	-71.5%	+53.3%	-24.1%	-9.8%	+291.2%	+22.1%	+71.4%	-7.3%	-71.9%	-61.8%	-5.6%	-20.8%	+31.5%	+35.9%	-13.7%	-29.5%
Gross profit	+463.1%	-50.1%	-0.8%	+80.4%	-88.1%	+169.0%	-49.1%	-30.8%	+154.4%	-26.2%	+884.1%	—	—	+591.5%	+424.4%	-257.6%	—	-62.0%	-87.8%	-82.0%
Selling, general & administrative expenses	+17.3%	-38.8%	+52.7%	+36.1%	-5.2%	+90.0%	-17.6%	+1.5%	-14.7%	+47.4%	+94.7%	+18.7%	+99.4%	-1.5%	+8.6%	+26.4%	+52.7%	+55.1%	+24.1%	-23.1%
Operating profit	+42.2%	-86.1%	—	+96.3%	-51.1%	+691.1%	-216.2%	-41.4%	+185.8%	-46.0%	+5,676.1%	—	—	—	—	—	—	-152.6%	-129.4%	-103.9%
Finance cost	—	-77.1%	-66.9%	+11.2%	—	-31.3%	-33.5%	-55.0%	+220.8%	+6.0%	+55.1%	+114.0%	-21.4%	+43.2%	+30.7%	+18.8%	-63.3%	+37.6%	+56.2%	-24.6%
Profit before tax	—	-132.1%	—	+101.4%	-118.4%	+58.3%	-128.6%	+9.6%	+79.6%	-14.4%	+1,071.6%	—	—	+2,795.2%	—	—	-1,153.9%	—	-101.6%	-137.7%
Taxation	+133.5%	-94.2%	+1,009.3%	+295.0%	-74.9%	+205.1%	-98.3%	-20.7%	+483.4%	-54.5%	—	—	—	—	—	—	—	—	-137.9%	-131.4%
Profit after tax	—	-141.4%	—	+62.4%	-279.0%	+41.7%	-149.0%	+18.8%	-49.5%	-4.9%	+190.8%	—	—	+695.6%	+1,194.0%	—	-726.7%	—	-95.3%	-139.4%
Profit attributable to shareholders	—	-121.7%	—	+69.7%	-330.3%	+29.8%	-154.3%	+18.8%	-49.5%	-11.6%	+178.0%	—	—	+695.6%	+1,194.0%	—	-726.7%	—	-95.3%	-139.4%
Per share & other
EPS – basic (Rs)	—	-121.7%	—	+69.7%	-330.3%	+29.8%	-154.3%	+18.8%	-49.5%	-11.6%	+178.0%	—	—	+695.6%	+1,194.0%	—	-726.7%	—	-95.3%	-139.4%
EPS – diluted (Rs)	—	-121.7%	—	+69.7%	-330.3%	+29.8%	-154.3%	+18.8%	-49.5%	-11.6%	+178.0%	—	—	+695.6%	+1,194.0%	—	-726.7%	—	-95.3%	-139.4%
Dividend per share (Rs)	+40.0%	-100.0%	0.0%	—	—	—	0.0%	—	—	—	—	—	—	—	—	—	—	—	—	—
EBITDA	+31.2%	-80.3%	—	+62.9%	-44.0%	+461.6%	-201.1%	-28.4%	+154.8%	-35.0%	+1,082.3%	—	—	+3,908.0%	—	-329.5%	—	-94.4%	-106.8%	-86.3%
Depreciation & amortisation	-12.7%	+23.6%	+69.6%	+1.8%	+32.5%	-9.7%	-33.3%	+20.6%	+17.3%	+12.5%	+20.4%	+7.4%	+10.8%	+14.9%	+14.8%	+5.9%	+0.5%	-6.7%	-5.6%	-6.0%
Weighted average shares	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

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

CSAP income statement — common size (Rs mn)
Rs mn	Q4 FY2026 Apr – Jun 2026	Q3 FY2026 Jan – Mar 2026	Q2 FY2026 Oct – Dec 2025	Q1 FY2026 Jul – Sep 2025	Q4 FY2025 Apr – Jun 2025	Q3 FY2025 Jan – Mar 2025	Q2 FY2025 Oct – Dec 2024	Q1 FY2025 Jul – Sep 2024	Q4 FY2024 Apr – Jun 2024	Q3 FY2024 Jan – Mar 2024	Q2 FY2024 Oct – Dec 2023	Q1 FY2024 Jul – Sep 2023	Q4 FY2023 Apr – Jun 2023	Q3 FY2023 Jan – Mar 2023	Q2 FY2023 Oct – Dec 2022	Q1 FY2023 Jul – Sep 2022	Q4 FY2022 Apr – Jun 2022	Q3 FY2022 Jan – Mar 2022	Q2 FY2022 Oct – Dec 2021	Q1 FY2022 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	(73.3%)	(78.3%)	(78.5%)	(68.2%)	(84.7%)	(70.9%)	(73.1%)	(80.3%)	(69.8%)	(81.1%)	(64.6%)	(75.7%)	(60.0%)	(72.1%)	(91.3%)	(109.4%)	(109.9%)	(97.9%)	(98.3%)	(95.9%)
Gross profit	26.7%	21.7%	21.5%	31.8%	15.3%	29.1%	26.9%	19.7%	30.2%	18.9%	35.4%	24.3%	40.0%	27.9%	8.7%	(9.4%)	(9.9%)	2.1%	1.7%	4.1%
Selling, general & administrative expenses	(6.3%)	(11.0%)	(9.6%)	(10.8%)	(17.4%)	(12.0%)	(7.8%)	(8.9%)	(4.3%)	(11.1%)	(6.3%)	(7.4%)	(17.0%)	(8.2%)	(7.9%)	(8.4%)	(4.4%)	(4.3%)	(7.4%)	(4.6%)
Operating profit	20.1%	9.4%	11.9%	20.2%	45.6%	44.9%	(47.1%)	11.5%	21.9%	10.0%	27.2%	16.7%	25.8%	20.0%	1.1%	(15.2%)	(14.5%)	(1.8%)	(6.1%)	(0.7%)
Finance cost	(0.8%)	(1.0%)	(1.2%)	(5.0%)	—	(2.8%)	(4.5%)	(5.1%)	(1.3%)	(7.2%)	(4.6%)	(9.6%)	(1.4%)	(7.4%)	(7.1%)	(6.0%)	(0.9%)	(2.7%)	(5.5%)	(3.5%)
Profit before tax	40.4%	(9.2%)	14.7%	62.7%	(17.4%)	19.2%	(14.9%)	34.8%	22.2%	21.2%	34.8%	27.0%	41.6%	26.9%	7.2%	(15.8%)	(30.6%)	0.5%	(0.6%)	(12.6%)
Taxation	(13.5%)	(0.3%)	(3.1%)	(20.6%)	(18.7%)	(3.8%)	(0.4%)	(5.8%)	(17.5%)	(2.2%)	(14.0%)	(6.3%)	(10.1%)	(5.2%)	10.2%	6.2%	3.1%	0.9%	1.9%	2.3%
Profit after tax	26.8%	(9.6%)	11.6%	42.1%	(36.1%)	15.4%	(15.2%)	29.0%	4.7%	19.1%	20.8%	20.7%	31.5%	21.8%	17.4%	(9.6%)	(27.6%)	1.4%	1.4%	(10.3%)
Profit attributable to shareholders	29.1%	(4.3%)	11.4%	44.0%	(46.4%)	13.1%	(16.1%)	29.0%	4.7%	17.7%	19.9%	20.7%	31.5%	21.8%	17.4%	(9.6%)	(27.6%)	1.4%	1.4%	(10.3%)
Per share & other
EBITDA	23.2%	14.0%	15.2%	25.9%	57.0%	47.4%	(44.7%)	17.8%	23.9%	14.8%	29.7%	21.2%	31.6%	24.7%	6.1%	(9.7%)	(11.8%)	0.3%	(1.7%)	2.9%
Depreciation & amortisation	3.1%	4.6%	3.3%	5.7%	11.4%	2.5%	2.4%	6.3%	2.0%	4.8%	2.5%	4.4%	5.8%	4.7%	4.9%	5.5%	2.7%	2.1%	4.4%	3.6%

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 103

CSAP income statement — all reported line items (Rs mn)
Rs mn	Q4 FY2026 Apr – Jun 2026	Q3 FY2026 Jan – Mar 2026	Q2 FY2026 Oct – Dec 2025	Q1 FY2026 Jul – Sep 2025	Q4 FY2025 Apr – Jun 2025	Q3 FY2025 Jan – Mar 2025	Q2 FY2025 Oct – Dec 2024	Q1 FY2025 Jul – Sep 2024	Q4 FY2024 Apr – Jun 2024	Q3 FY2024 Jan – Mar 2024	Q2 FY2024 Oct – Dec 2023	Q1 FY2024 Jul – Sep 2023	Q4 FY2023 Apr – Jun 2023	Q3 FY2023 Jan – Mar 2023	Q2 FY2023 Oct – Dec 2022	Q1 FY2023 Jul – Sep 2022	Q4 FY2022 Apr – Jun 2022	Q3 FY2022 Jan – Mar 2022	Q2 FY2022 Oct – Dec 2021	Q1 FY2022 Jul – Sep 2021
Revenue from Goods & Services	2,617.7	1,616.6	2,431.5	1,280.8	810.5	2,423.9	1,966.1	1,145.8	3,451.0	1,383.2	2,930.6	1,346.8	1,025.6	1,273.6	1,210.8	1,005.7	1,992.2	2,457.1	1,191.7	1,449.0
Revenue Taxes	461.5	294.1	437.6	227.5	131.8	425.2	350.9	205.1	621.1	249.0	528.0	242.4	158.8	249.9	187.4	171.1	338.7	421.5	203.1	247.2
Gross Revenue from Business Activities - Total	3,079.1	1,910.7	2,869.2	1,508.3	942.3	2,849.0	2,317.1	1,350.9	4,072.1	1,632.3	3,458.6	1,589.2	1,184.3	1,523.4	1,398.2	1,176.8	2,330.8	2,878.6	1,394.9	1,696.2
Revenue from Business Activities - Total	2,617.7	1,616.6	2,431.5	1,280.8	810.5	2,423.9	1,966.1	1,145.8	3,451.0	1,383.2	2,930.6	1,346.8	1,025.6	1,273.6	1,210.8	1,005.7	1,992.2	2,457.1	1,191.7	1,449.0
Cost of Operating Revenue	1,918.7	1,265.2	1,907.7	873.0	686.4	1,719.0	1,438.2	919.8	2,407.4	1,121.1	1,894.4	1,020.1	615.4	918.5	1,105.5	1,100.3	2,188.9	2,405.7	1,171.7	1,388.9
Cost of Revenues - Total	1,918.7	1,265.2	1,907.7	873.0	686.4	1,719.0	1,438.2	919.8	2,407.4	1,121.1	1,894.4	1,020.1	615.4	918.5	1,105.5	1,100.3	2,188.9	2,405.7	1,171.7	1,388.9
Selling, General & Administrative Expenses - Total	165.6	177.9	234.2	138.1	141.1	290.8	153.4	101.4	148.9	153.0	186.1	100.0	174.6	103.8	95.6	84.2	87.6	105.4	88.0	66.6
Other Operating Expense/(Income) - Net	8.1	21.9	0.9	10.9	(386.4)	(675.3)	1,301.3	(7.3)	139.3	(28.7)	52.6	1.6	(28.8)	(4.0)	(4.1)	(25.7)	4.1	(10.0)	4.6	3.4
Other Operating Income - Total	115.2	5.3	35.5	10.4	386.4	675.3	17.3	17.1	15.7	34.3	36.9	19.1	33.3	16.3	4.1	28.7	15.3	13.8	12.2	20.2
Gross Profit - Industrials/Property - Total	699.0	351.5	523.8	407.8	124.1	704.9	527.9	226.0	1,043.6	262.1	1,036.2	326.7	410.2	355.1	105.3	(94.6)	(196.8)	51.3	20.1	60.1
Operating Expenses - Total	2,092.3	1,465.0	2,142.9	1,021.9	441.1	1,334.5	2,892.8	1,013.9	2,695.5	1,245.5	2,133.1	1,121.6	761.2	1,018.4	1,197.0	1,158.8	2,280.6	2,501.1	1,264.3	1,458.9
Operating Profit before Non-Recurring Income/(Expense)	525.4	151.7	288.7	258.9	369.4	1,089.4	(926.7)	131.9	755.5	137.7	797.5	225.2	264.3	255.2	13.8	(153.1)	(288.5)	(44.0)	(72.5)	(9.9)
Financing Income/(Expense) - Net - Total	531.4	(301.1)	69.5	544.4	503.3	(624.4)	411.4	(46.2)	31.1	(28.3)	166.2	(60.5)	(23.3)	(76.1)	(92.3)	(61.4)	(63.3)	(49.7)	(47.5)	(35.7)
Interest Expense - Net of (Interest Income)	21.6	15.7	24.7	64.6	5.8	68.7	89.0	58.1	45.2	99.9	133.9	129.2	14.1	93.7	86.3	60.4	17.9	65.8	66.1	50.8
Other Operating Expense	123.2	27.2	36.4	21.3	—	—	1,318.5	9.8	155.0	5.7	89.6	20.7	4.5	12.3	(0.0)	2.9	19.4	3.8	16.8	23.5
Interest Expense - Net of Capitalized Interest	21.6	15.7	29.4	64.6	—	68.7	89.0	58.1	45.2	99.9	133.9	129.2	14.1	94.3	86.3	60.4	17.9	65.8	66.1	50.8
Non-Interest Financial Income/(Expense) - Total	553.0	(285.4)	94.2	609.0	509.0	(555.8)	500.4	11.9	76.3	71.6	300.2	68.7	(9.2)	17.7	(6.0)	(1.0)	(45.3)	16.2	18.5	15.1
Non-Interest Financial Income/(Expense) - Other - Net	(16.7)	(285.4)	(3.0)	(0.7)	(56.0)	(555.8)	(4.7)	(4.7)	(85.1)	(1.0)	(2.4)	(0.7)	(107.9)	(0.3)	(6.0)	(1.0)	(45.7)	(0.7)	(3.4)	(1.3)
Equity Earnings/(Loss) - before Taxes including Non-Recurring	0.0	0.0	0.0	0.0	(1,013.5)	0.0	223.2	315.4	(19.6)	184.3	57.3	199.0	230.7	164.0	165.7	55.9	(51.1)	95.4	137.7	(96.3)
Other Non-Operating Income/(Expense) - Total	—	—	—	—	—	—	—	(2.3)	—	—	—	—	—	—	—	—	1.8	2.1	1.5	2.2
Non-Operating Rental Income	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.8	2.1	1.5	2.2
Normalized Pre-tax Profit	1,056.8	(149.5)	358.2	803.3	(140.8)	465.0	(292.2)	398.8	766.9	293.7	1,021.1	363.7	471.8	343.1	87.2	(158.6)	(401.0)	3.9	19.2	(139.8)
Non-Recurring Income/Expense - Total	—	—	—	—	—	—	—	—	—	—	—	—	(44.8)	—	—	—	(209.0)	8.0	(25.9)	(42.9)
Interest Income - Non-Bank	—	—	4.7	—	—	—	—	—	—	—	—	—	—	0.5	—	—	—	—	—	—
Dividend & Investment Income	569.7	—	97.2	609.8	565.0	—	505.1	16.6	161.4	72.6	302.6	69.4	—	18.0	—	—	5.3	26.5	23.3	13.6
Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss)	—	—	—	—	—	—	—	—	—	—	—	—	98.7	—	—	—	(5.0)	(9.6)	(1.3)	2.8
Fair Value Adjustments - Financial Investments	—	—	—	—	—	—	—	—	—	—	—	—	(44.8)	—	—	—	(209.0)	8.0	(25.9)	(42.9)
Provision for Income Tax Expense- Unclassified	354.0	—	—	—	151.6	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Income before Taxes	1,056.8	(149.5)	358.2	803.3	(140.8)	465.0	(292.2)	398.8	766.9	293.7	1,021.1	363.7	427.0	343.1	87.2	(158.6)	(609.9)	11.9	(6.6)	(182.7)
Income Taxes	354.0	5.3	76.5	264.4	151.6	91.1	6.9	66.9	603.6	29.8	410.2	84.4	103.5	65.7	(122.9)	(61.9)	(60.9)	(23.0)	(22.9)	(33.3)
Income Taxes for the Year - Current	—	47.1	18.5	86.9	—	159.7	103.2	15.8	242.5	18.8	264.5	63.6	20.0	19.2	50.0	15.0	86.6	28.7	103.5	24.0
Income Taxes - Domestic - Current	—	47.1	18.5	86.9	—	159.7	103.2	15.8	242.5	18.8	264.5	63.6	20.0	19.2	50.0	15.0	86.6	28.7	103.5	24.0
Income Taxes - Deferred	—	(41.8)	67.7	177.5	—	(68.6)	4.7	51.2	362.4	11.0	145.7	20.7	83.5	46.5	(172.2)	(76.9)	(144.8)	(51.7)	(126.4)	(57.3)
Income Taxes - Other (by Type)	—	0.0	(9.8)	—	—	0.0	(101.0)	—	(1.3)	0.0	—	—	0.0	0.0	(0.8)	—	(2.7)	0.0	0.0	0.0
Net Income after Tax	702.8	(154.8)	281.7	538.9	(292.4)	373.9	(299.1)	331.9	163.4	263.8	610.9	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Income before Discontinued Operations & Extraordinary Items	702.8	(154.8)	281.7	538.9	(292.4)	373.9	(299.1)	331.9	163.4	263.8	610.9	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Net Income before Minority Interest	761.8	(69.0)	276.8	563.1	(376.2)	318.2	(317.4)	331.9	163.4	245.1	584.0	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Net Income after Minority Interest	761.8	(69.0)	276.8	563.1	(376.2)	318.2	(317.4)	331.9	163.4	245.1	584.0	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Income Available to Common Shares	761.8	(69.0)	276.8	563.1	(376.2)	318.2	(317.4)	331.9	163.4	245.1	584.0	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Extraordinary Activities - after Tax - Gain/(Loss)	59.0	85.8	(4.9)	24.3	(83.8)	(55.7)	(18.3)	—	—	(18.7)	(26.8)	—	—	—	—	—	—	—	—	—
Discontinued Operations - Net of Taxes - Total - Income/(Expense)	59.0	85.8	(4.9)	24.3	(83.8)	(55.7)	(18.3)	—	—	(18.7)	(26.8)	—	—	—	—	—	—	—	—	—
Discontinued Operations - Net - Income/(Expense)	59.0	85.8	(4.9)	24.3	(83.8)	(55.7)	(18.3)	—	—	(18.7)	(26.8)	—	—	—	—	—	—	—	—	—
Other Comprehensive Income - Unrealized Investment Gain/(Loss)	—	—	—	—	—	(15.8)	—	—	—	13.8	—	—	—	—	—	—	—	—	—	—
Other Comprehensive Income - Associated Companies	—	—	—	—	—	0.0	—	—	—	0.0	—	—	—	—	—	—	—	—	—	—
Other Comprehensive Income - Net of Tax - Total	—	—	—	—	—	(15.8)	—	—	—	13.8	—	—	—	—	—	—	—	—	—	—
Comprehensive Income before Minority Interest - Total	—	—	—	—	—	302.5	—	—	—	258.9	—	—	—	—	—	—	—	—	—	—
Comprehensive Income - Attributable to Parent Company Equity Holders - Total	—	—	—	—	—	302.5	—	—	—	258.9	—	—	—	—	—	—	—	—	—	—
DPS - Common - Gross - Issue - By Period End Date Rs	3.50	0.00	2.00	0.00	2.50	3.00	2.00	0.00	0.00	0.00	2.00	0.00	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	761.8	(69.0)	276.8	563.1	(376.2)	318.2	(317.4)	331.9	163.4	245.1	584.0	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Income available to Common excluding Extraordinary Items	702.8	(154.8)	281.7	538.9	(292.4)	373.9	(299.1)	331.9	163.4	263.8	610.9	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Shares used to calculate Basic EPS - Total mn	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs	9.81	(0.89)	3.57	7.25	(4.85)	4.10	(4.09)	4.28	2.10	3.16	7.52	3.60	4.17	3.57	2.71	(1.25)	(7.07)	0.45	0.21	(1.92)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs	9.05	(1.99)	3.63	6.94	(3.77)	4.82	(3.85)	4.28	2.10	3.40	7.87	3.60	4.17	3.57	2.71	(1.25)	(7.07)	0.45	0.21	(1.92)
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs	9.05	(1.99)	3.63	6.94	(3.77)	4.82	(3.85)	4.28	2.10	3.40	7.87	3.60	4.74	3.57	2.71	(1.25)	(4.38)	0.35	0.54	(1.37)
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific	761.8	(69.0)	276.8	563.1	(376.2)	318.2	(317.4)	331.9	163.4	245.1	584.0	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
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	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs	9.81	(0.89)	3.57	7.25	(4.85)	4.10	(4.09)	4.28	2.10	3.16	7.52	3.60	4.17	3.57	2.71	(1.25)	(7.07)	0.45	0.21	(1.92)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs	9.05	(1.99)	3.63	6.94	(3.77)	4.82	(3.85)	4.28	2.10	3.40	7.87	3.60	4.17	3.57	2.71	(1.25)	(7.07)	0.45	0.21	(1.92)
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs	9.05	(1.99)	3.63	6.94	(3.77)	4.82	(3.85)	4.28	2.10	3.40	7.87	3.60	4.74	3.57	2.71	(1.25)	(4.38)	0.35	0.54	(1.37)
EPS - Basic from Discontinued Operations & Extraordinary Items Rs	0.76	1.10	(0.06)	0.31	(1.08)	(0.72)	(0.24)	0.00	0.00	(0.24)	(0.35)	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	—	—	—	—	—	3.90	—	—	—	3.34	—	—	—	—	—	—	—	—	—	—
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total	761.8	(69.0)	276.8	563.1	(376.2)	318.2	(317.4)	331.9	163.4	245.1	584.0	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Diluted Income available to Common excluding Extraordinary Items	702.8	(154.8)	281.7	538.9	(292.4)	373.9	(299.1)	331.9	163.4	263.8	610.9	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
Shares used to calculate Diluted EPS - Total mn	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs	9.81	(0.89)	3.57	7.25	(4.85)	4.10	(4.09)	4.28	2.10	3.16	7.52	3.60	4.17	3.57	2.71	(1.25)	(7.07)	0.45	0.21	(1.92)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs	9.05	(1.99)	3.63	6.94	(3.77)	4.82	(3.85)	4.28	2.10	3.40	7.87	3.60	4.17	3.57	2.71	(1.25)	(7.07)	0.45	0.21	(1.92)
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs	9.05	(1.99)	3.63	6.94	(3.77)	4.82	(3.85)	4.28	2.10	3.40	7.87	3.60	4.74	3.57	2.71	(1.25)	(4.38)	0.35	0.54	(1.37)
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific	761.8	(69.0)	276.8	563.1	(376.2)	318.2	(317.4)	331.9	163.4	245.1	584.0	279.4	323.5	277.4	210.1	(96.7)	(549.0)	34.9	16.2	(149.4)
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	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6	77.6
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs	9.81	(0.89)	3.57	7.25	(4.85)	4.10	(4.09)	4.28	2.10	3.16	7.52	3.60	4.17	3.57	2.71	(1.25)	(7.07)	0.45	0.21	(1.92)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs	9.05	(1.99)	3.63	6.94	(3.77)	4.82	(3.85)	4.28	2.10	3.40	7.87	3.60	4.17	3.57	2.71	(1.25)	(7.07)	0.45	0.21	(1.92)
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs	9.05	(1.99)	3.63	6.94	(3.77)	4.82	(3.85)	4.28	2.10	3.40	7.87	3.60	4.74	3.57	2.71	(1.25)	(4.38)	0.35	0.54	(1.37)
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs	0.76	1.10	(0.06)	0.31	(1.08)	(0.72)	(0.24)	0.00	0.00	(0.24)	(0.35)	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	—	—	—	—	—	3.90	—	—	—	3.34	—	—	—	—	—	—	—	—	—	—
DPS - Common - Gross - Issue - By Announcement Date Rs	0.00	2.00	0.00	2.50	3.00	2.00	0.00	0.00	0.00	2.00	0.00	0.00	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	1.80	0.00	2.25	2.70	1.80	0.00	0.00	0.00	1.80	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Earnings before Interest & Taxes (EBIT)	525.4	151.7	288.7	258.9	369.4	1,089.4	(926.7)	131.9	755.5	137.7	797.5	225.2	264.3	255.2	13.8	(153.1)	(288.5)	(44.0)	(72.5)	(9.9)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA)	606.1	226.5	370.0	332.2	461.9	1,150.0	(878.8)	203.8	825.3	204.8	869.4	284.9	323.9	314.8	73.5	(97.6)	(234.7)	7.9	(20.5)	42.5
Depreciation, Depletion & Amortization - Total	80.7	74.9	81.3	73.3	92.5	60.6	48.0	72.0	69.8	67.0	71.9	59.6	59.5	59.6	59.7	55.5	53.7	51.9	52.0	52.4
Depreciation - Total	80.6	74.7	81.3	73.3	92.5	60.6	48.0	72.0	69.8	66.7	71.4	59.2	59.0	59.1	59.2	55.0	53.2	51.4	51.4	51.8
Amortization of Intangible Assets excluding Goodwill - Total	0.2	0.2	—	—	—	—	—	—	0.1	0.4	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.6	0.6
Normalized after Tax Profit	702.8	(154.8)	281.7	538.9	(292.4)	373.9	(299.1)	331.9	163.4	263.8	610.9	279.4	368.3	277.4	210.1	(96.7)	(340.0)	26.9	42.1	(106.5)
Normalized Net Income from Continuing Operations	702.8	(154.8)	281.7	538.9	(292.4)	373.9	(299.1)	331.9	163.4	263.8	610.9	279.4	368.3	277.4	210.1	(96.7)	(340.0)	26.9	42.1	(106.5)
Normalized Net Income - Bottom Line	702.8	(154.8)	281.7	538.9	(292.4)	373.9	(299.1)	331.9	163.4	263.8	610.9	279.4	368.3	277.4	210.1	(96.7)	(340.0)	26.9	42.1	(106.5)
Earnings before Interest & Taxes (EBIT) - Normalized	1,078.4	(133.8)	382.9	867.9	(135.0)	533.6	(203.2)	457.0	812.2	393.6	1,155.0	492.9	485.9	436.9	173.5	(98.2)	(383.1)	69.7	85.3	(89.0)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized	1,159.1	(58.9)	464.2	941.2	(42.5)	594.2	(155.2)	528.9	882.0	460.6	1,226.9	552.5	545.4	496.5	233.2	(42.7)	(329.3)	121.6	137.3	(36.5)
Interest Expense on Financial Lease Liabilities - Supplemental	16.4	4.9	5.6	6.2	—	11.5	12.2	12.9	13.3	13.6	16.1	2.8	2.4	2.5	2.0	2.1	2.3	2.4	2.4	2.2
Interest Expense	21.6	15.7	29.4	64.6	—	68.7	89.0	58.1	45.2	99.9	133.9	129.2	14.1	94.3	86.3	60.4	17.9	65.8	66.1	50.8
Operating Expenses	2,092.3	1,465.0	2,142.9	1,021.9	441.1	1,334.5	2,892.8	1,013.9	2,695.5	1,245.5	2,133.1	1,121.6	761.2	1,018.4	1,197.0	1,158.8	2,280.6	2,501.1	1,264.3	1,458.9
Selling, General & Administrative Expenses excluding Research & Development Expenses	165.6	177.9	234.2	138.1	141.1	290.8	153.4	101.4	148.9	153.0	186.1	100.0	174.6	103.8	95.6	84.2	87.6	105.4	88.0	66.6
Income before Taxes & Provision for Loan Losses	1,056.8	(149.5)	358.2	803.3	(140.8)	465.0	(292.2)	398.8	766.9	293.7	1,021.1	363.7	427.0	343.1	87.2	(158.6)	(609.9)	11.9	(6.6)	(182.7)
Cost of Revenue including Operation & Maintenance (Utility) - Total	1,918.7	1,265.2	1,907.7	873.0	686.4	1,719.0	1,438.2	919.8	2,407.4	1,121.1	1,894.4	1,020.1	615.4	918.5	1,105.5	1,100.3	2,188.9	2,405.7	1,171.7	1,388.9
Cost of Revenues excluding Depreciation	1,918.7	1,265.2	1,907.7	873.0	686.4	1,719.0	1,438.2	919.8	2,407.4	1,121.1	1,894.4	1,020.1	615.4	918.5	1,105.5	1,100.3	2,188.9	2,405.7	1,171.7	1,388.9
DPS - Common - Gross - Issue - By Payable Date Rs	0.00	2.00	2.50	0.00	3.00	2.00	0.00	0.00	0.00	2.00	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 Ex Date Rs	0.00	2.00	2.50	0.00	3.00	2.00	0.00	0.00	0.00	2.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Tax Adjusted Operating Income	776.2	—	299.9	606.5	—	373.5	—	380.3	173.0	334.9	664.1	378.6	334.2	353.7	418.1	—	—	228.6	—	—
Operating Expenses excluding Non-Cash Charges - Total	2,011.5	1,390.1	2,061.5	948.6	348.6	1,273.9	2,844.9	942.0	2,625.7	1,178.5	2,061.2	1,062.0	701.7	958.8	1,137.3	1,103.3	2,226.9	2,449.2	1,212.2	1,406.5
Income Available to Common Shares before Depreciation & Amortization	842.6	5.9	358.1	636.4	(283.7)	378.8	(269.4)	403.9	233.2	312.2	656.0	339.0	383.1	337.1	269.8	(41.2)	(495.3)	86.8	68.3	(97.0)
Fixed Charges	21.6	15.7	29.4	64.6	—	68.7	89.0	58.1	45.2	99.9	133.9	129.2	14.1	94.3	86.3	60.4	17.9	65.8	66.1	50.8
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	0.00	2.00	0.00	2.50	3.00	2.00	0.00	0.00	0.00	2.00	0.00	0.00	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.