Ghandhara Tyre & Rubber Company Limited (GTYR) quarterly income statement

Ghandhara Tyre & Rubber Company Limited reported revenue of Rs 4.7 bn for Q4 FY2026 (Apr – Jun 2026), up 23.0% on Q4 FY2025. Gross profit came to Rs 37.8 mn, a gross margin of 0.8%. Operating profit was -Rs 250.2 mn (an operating margin of -5.3%). Finance cost was Rs 266.9 mn, down 16.3% on Q4 FY2025. The loss attributable to shareholders was Rs 663.2 mn, or Rs -5.43 per share.

GTYR income statement (quarterly) (Rs bn)
Rs bn	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	16.9	4.7	3.9	4.5	3.7	3.8	5.0	5.1	3.9	5.4	5.3	5.0	4.8	4.4	3.5	4.0	3.2	5.7	4.7	3.9	4.2
Cost of revenue	(15.3)	(4.7)	(3.6)	(3.9)	(3.2)	(3.5)	(4.3)	(4.5)	(3.2)	(4.5)	(4.5)	(4.2)	(4.1)	(3.6)	(3.1)	(3.4)	(2.6)	(4.9)	(4.2)	(3.4)	(3.7)
Gross profit	1.5	0.0	0.3	0.5	0.6	0.3	0.7	0.6	0.6	0.9	0.8	0.9	0.8	0.8	0.4	0.5	0.6	0.8	0.6	0.5	0.5
Selling, general & administrative expenses	(1.3)	(0.3)	(0.3)	(0.4)	(0.3)	(0.3)	(0.3)	(0.3)	(0.2)	(0.3)	(0.3)	(0.3)	(0.3)	(0.2)	(0.2)	(0.2)	(0.2)	(0.4)	(0.2)	(0.2)	(0.2)
Operating profit	0.4	(0.3)	0.1	0.2	0.3	0.1	0.4	0.3	0.4	0.6	0.5	0.6	0.5	0.5	(0.1)	0.3	0.3	0.4	0.3	0.3	0.3
Finance cost	(1.1)	(0.3)	(0.3)	(0.3)	(0.3)	(0.3)	(0.3)	(0.3)	(0.4)	(0.4)	(0.4)	(0.4)	(0.4)	(0.4)	(0.3)	(0.3)	(0.3)	(0.2)	(0.2)	(0.2)	(0.1)
Profit before tax	(0.9)	(0.6)	(0.3)	(0.1)	0.0	(0.4)	0.0	(0.0)	0.0	0.1	0.1	0.1	0.1	0.2	(0.4)	0.0	0.0	0.1	0.1	0.2	0.2
Taxation	(0.1)	(0.1)	0.1	(0.1)	0.0	(0.1)	0.0	0.0	0.0	(0.1)	(0.0)	(0.1)	(0.1)	(0.1)	0.1	(0.0)	(0.0)	(0.1)	(0.0)	(0.1)	(0.1)
Profit after tax	(1.0)	(0.7)	(0.2)	(0.2)	0.0	(0.4)	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.1	(0.3)	0.0	0.0	0.0	0.1	0.1	0.1
Profit attributable to shareholders	(1.0)	(0.7)	(0.2)	(0.2)	0.0	(0.4)	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.1	(0.3)	0.0	0.0	0.0	0.1	0.1	0.1
Per share & other
EPS – basic (Rs) Rs	(8.25)	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
EPS – diluted (Rs) Rs	(8.25)	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
Dividend per share (Rs) Rs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.87	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.00	0.00	0.00	0.00
EBITDA	0.9	(0.1)	0.2	0.4	0.5	0.2	0.5	0.5	0.5	0.7	0.6	0.7	0.7	0.7	0.0	0.5	0.5	0.5	0.5	0.4	0.5
Depreciation & amortisation	0.5	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Weighted average shares mn	122.2	122.2	121.8	121.6	121.9	121.9	121.9	135.4	121.9	121.9	121.9	121.9	121.9	121.0	122.1	122.7	121.9	121.9	121.9	121.9	122.4

GTYR 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	+23.0%	-20.8%	-13.3%	-3.0%	-28.8%	-5.7%	+1.8%	-20.2%	+22.8%	+51.9%	+27.1%	+51.4%	-22.7%	-27.0%	+0.9%	-24.5%	+45.9%	+32.3%	+20.7%	+32.8%
Cost of revenue	+32.4%	-15.8%	-12.8%	-2.5%	-22.0%	-4.8%	+7.9%	-20.8%	+25.6%	+46.7%	+21.3%	+55.2%	-25.7%	-26.7%	+0.1%	-28.6%	+34.4%	+43.8%	+32.1%	+35.8%
Gross profit	-87.5%	-51.3%	-16.4%	-5.5%	-64.6%	-11.2%	-27.1%	-17.0%	+10.0%	+90.3%	+64.3%	+33.7%	-4.7%	-29.8%	+6.9%	+3.1%	+198.3%	-15.4%	-24.1%	+15.8%
Selling, general & administrative expenses	+20.8%	-15.3%	+11.3%	+13.8%	-11.0%	+10.4%	+0.6%	-11.7%	+26.4%	+29.5%	+31.8%	+32.1%	-29.5%	-4.5%	+18.6%	-2.3%	+7.6%	+27.1%	-2.2%	+19.0%
Operating profit	-457.0%	-81.0%	-33.1%	-20.3%	-87.6%	-29.7%	-39.0%	-23.2%	+6.1%	—	+61.7%	+69.6%	+49.1%	-129.8%	+9.5%	-6.0%	—	-28.7%	-39.5%	+15.9%
Finance cost	-16.3%	-5.0%	-13.1%	-23.2%	-22.3%	-31.7%	-18.8%	-5.0%	+7.1%	+36.4%	+38.8%	+44.6%	+59.7%	+55.7%	+92.1%	+97.6%	+77.4%	+52.8%	+40.7%	+18.3%
Profit before tax	—	-910.5%	—	+2.5%	-531.5%	-41.8%	-125.7%	-94.1%	-45.8%	—	+216.1%	+309.7%	+27.0%	-395.1%	-72.3%	-82.7%	—	-59.3%	-60.7%	+11.9%
Taxation	+26.0%	—	—	—	+39.1%	-113.8%	-178.7%	-117.8%	-33.1%	—	+127.6%	+335.0%	-19.3%	-401.2%	-55.5%	-76.0%	—	-60.6%	-61.0%	+31.1%
Profit after tax	—	-570.3%	-4,800.8%	+37.9%	-1,618.1%	-21.8%	-95.5%	-69.6%	-60.1%	—	+306.1%	+286.5%	+265.3%	-392.0%	-80.0%	-86.3%	—	-58.6%	-60.6%	+3.9%
Profit attributable to shareholders	—	-570.3%	-4,800.8%	+37.9%	-1,618.1%	-21.8%	-95.5%	-69.6%	-60.1%	—	+306.1%	+286.5%	+265.3%	-392.0%	-80.0%	-86.3%	—	-58.6%	-60.6%	+3.9%
Per share & other
EPS – basic (Rs)	—	-570.9%	-5,333.3%	+37.9%	-1,618.1%	-21.8%	-95.9%	-69.6%	-60.4%	—	+308.7%	+286.5%	+267.9%	-391.5%	-80.1%	-86.2%	—	-58.6%	-60.7%	+3.9%
EPS – diluted (Rs)	—	-570.9%	-5,333.3%	+37.9%	-1,618.1%	-21.8%	-95.9%	-69.6%	-60.4%	—	+308.7%	+286.5%	+267.9%	-391.5%	-80.1%	-86.2%	—	-58.6%	-60.7%	+3.9%
Dividend per share (Rs)	—	—	—	—	-100.0%	—	—	—	—	—	—	—	-100.0%	—	—	—	—	—	—	—
EBITDA	-160.6%	-59.0%	-23.3%	-15.3%	-71.5%	-23.6%	-32.0%	-19.3%	+5.1%	+2,453.6%	+45.2%	+50.3%	+36.7%	-94.7%	+8.9%	-2.0%	+354.0%	-22.1%	-32.6%	+11.5%
Depreciation & amortisation	+1.3%	+0.3%	+2.7%	+0.9%	-0.7%	-0.5%	-2.3%	-3.0%	+1.0%	+2.6%	+1.3%	+2.5%	+1.5%	+4.2%	+7.4%	+9.7%	+7.4%	+5.4%	-4.4%	+0.6%
Weighted average shares	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

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

GTYR 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	(99.2%)	(91.4%)	(87.9%)	(84.2%)	(92.1%)	(86.0%)	(87.5%)	(83.7%)	(84.2%)	(85.1%)	(82.5%)	(84.4%)	(82.3%)	(88.1%)	(86.5%)	(82.3%)	(85.7%)	(87.6%)	(87.2%)	(87.0%)
Gross profit	0.8%	8.6%	12.1%	15.8%	7.9%	14.0%	12.5%	16.3%	15.8%	14.9%	17.5%	15.6%	17.7%	11.9%	13.5%	17.7%	14.3%	12.4%	12.8%	13.0%
Selling, general & administrative expenses	(7.2%)	(7.3%)	(8.1%)	(7.4%)	(7.3%)	(6.8%)	(6.3%)	(6.3%)	(5.8%)	(5.8%)	(6.4%)	(5.7%)	(5.7%)	(6.8%)	(6.2%)	(6.5%)	(6.2%)	(5.2%)	(5.2%)	(5.0%)
Operating profit	(5.3%)	1.7%	5.1%	9.0%	1.8%	7.1%	6.6%	10.9%	10.5%	9.5%	11.1%	11.3%	12.2%	(3.0%)	8.7%	10.1%	6.3%	7.3%	8.0%	8.1%
Finance cost	(5.7%)	(7.2%)	(6.6%)	(8.1%)	(8.3%)	(6.0%)	(6.6%)	(10.2%)	(7.6%)	(8.3%)	(8.3%)	(8.6%)	(8.7%)	(9.3%)	(7.6%)	(9.0%)	(4.2%)	(4.3%)	(4.0%)	(3.4%)
Profit before tax	(12.0%)	(7.6%)	(2.0%)	0.2%	(9.2%)	0.7%	(0.7%)	0.2%	1.5%	1.2%	2.8%	2.9%	3.5%	(12.3%)	1.1%	1.1%	2.1%	3.0%	4.1%	4.7%
Taxation	(2.0%)	3.0%	(2.3%)	0.6%	(2.0%)	0.0%	0.8%	0.3%	(1.0%)	(0.3%)	(1.0%)	(1.5%)	(1.8%)	4.2%	(0.6%)	(0.5%)	(1.8%)	(1.0%)	(1.3%)	(1.6%)
Profit after tax	(14.0%)	(4.6%)	(4.3%)	0.8%	(11.2%)	0.8%	0.1%	0.5%	0.5%	0.9%	1.8%	1.4%	1.6%	(8.0%)	0.6%	0.6%	0.3%	2.0%	2.8%	3.1%
Profit attributable to shareholders	(14.0%)	(4.6%)	(4.3%)	0.8%	(11.2%)	0.8%	0.1%	0.5%	0.5%	0.9%	1.8%	1.4%	1.6%	(8.0%)	0.6%	0.6%	0.3%	2.0%	2.8%	3.1%
Per share & other
EBITDA	(2.5%)	5.1%	8.1%	12.4%	5.2%	9.8%	9.1%	14.2%	12.9%	12.0%	13.7%	14.1%	15.1%	0.7%	12.0%	14.2%	8.5%	9.9%	11.1%	10.9%
Depreciation & amortisation	2.8%	3.3%	3.0%	3.5%	3.3%	2.6%	2.5%	3.3%	2.4%	2.5%	2.6%	2.8%	2.9%	3.7%	3.3%	4.1%	2.2%	2.6%	3.1%	2.8%

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 96

GTYR 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	4,720.8	3,925.1	4,457.6	3,748.9	3,838.6	4,957.5	5,138.7	3,864.9	5,388.9	5,259.7	5,047.7	4,842.2	4,386.6	3,462.6	3,971.6	3,197.9	5,674.6	4,745.5	3,935.1	4,233.1
Sales of Goods & Services - Net - Unclassified	4,720.8	3,925.1	4,457.6	3,748.9	3,838.6	4,957.5	5,138.7	3,864.9	5,388.9	5,259.7	5,047.7	4,842.2	4,386.6	3,462.6	3,971.6	3,197.9	5,674.6	4,745.5	3,935.1	4,233.1
Revenue from Business Activities - Total	4,720.8	3,925.1	4,457.6	3,748.9	3,838.6	4,957.5	5,138.7	3,864.9	5,388.9	5,259.7	5,047.7	4,842.2	4,386.6	3,462.6	3,971.6	3,197.9	5,674.6	4,745.5	3,935.1	4,233.1
Cost of Operating Revenue	4,683.0	3,586.1	3,918.2	3,154.9	3,536.8	4,261.0	4,493.9	3,236.1	4,536.5	4,475.5	4,163.8	4,084.8	3,611.6	3,050.5	3,433.6	2,631.3	4,861.5	4,158.8	3,431.7	3,683.5
Cost of Revenues - Total	4,683.0	3,586.1	3,918.2	3,154.9	3,536.8	4,261.0	4,493.9	3,236.1	4,536.5	4,475.5	4,163.8	4,084.8	3,611.6	3,050.5	3,433.6	2,631.3	4,861.5	4,158.8	3,431.7	3,683.5
Selling, General & Administrative Expenses - Total	337.6	286.8	361.4	276.1	279.4	338.7	324.7	242.7	313.9	306.8	322.6	275.0	248.4	236.9	244.8	208.2	352.3	248.0	206.4	213.2
Material Expenses	—	—	—	—	—	6.1	—	—	—	0.0	0.0	0.0	0.2	1.6	8.9	31.9	18.4	32.1	39.5	36.3
Other Operating Expense/(Income) - Net	(49.6)	(14.7)	(50.1)	(17.7)	(47.6)	5.0	(20.8)	(34.6)	(27.9)	(24.2)	2.4	(65.5)	(7.4)	278.8	(52.4)	35.2	102.7	(8.8)	(18.5)	(7.5)
Other Operating Income - Total	53.0	14.7	50.1	22.3	55.5	14.0	35.5	36.6	27.9	31.1	14.1	78.1	30.4	19.8	52.4	20.0	46.4	21.6	42.4	20.0
Materials Purchased	—	—	—	—	—	6.1	—	—	—	0.0	0.0	0.0	0.2	1.6	8.9	31.9	18.4	32.1	39.5	36.3
Cost of Revenues - Other - Total	—	—	—	—	—	4,255.0	—	—	—	4,475.5	4,163.8	4,084.8	3,611.4	3,048.8	3,424.7	2,599.4	4,843.2	4,126.7	3,392.2	3,647.2
Gross Profit - Industrials/Property - Total	37.8	339.0	539.4	593.9	301.8	696.4	644.8	628.8	852.4	784.2	883.9	757.4	774.9	412.2	538.0	566.6	813.1	586.7	503.4	549.5
Operating Expenses - Total	4,971.0	3,858.2	4,229.6	3,413.3	3,768.5	4,604.7	4,797.7	3,444.2	4,822.5	4,758.1	4,488.8	4,294.2	3,852.7	3,566.1	3,626.0	2,874.7	5,316.5	4,398.0	3,619.5	3,889.2
Operating Profit before Non-Recurring Income/(Expense)	(250.2)	66.9	228.0	335.5	70.1	352.8	341.0	420.8	566.4	501.6	558.9	548.0	533.9	(103.5)	345.6	323.1	358.1	347.6	315.6	343.9
Financing Income/(Expense) - Net - Total	(266.9)	(284.1)	(295.3)	(302.1)	(318.7)	(299.0)	(339.9)	(393.5)	(410.1)	(437.7)	(418.4)	(414.0)	(383.0)	(320.9)	(301.4)	(286.4)	(239.8)	(206.2)	(156.9)	(144.9)
Interest Expense - Net of (Interest Income)	266.9	284.1	295.3	302.1	318.7	299.0	339.9	393.5	410.1	437.7	418.4	414.0	383.0	320.9	301.4	286.4	239.8	206.2	156.9	144.9
Other Operating Expense	3.5	0.0	—	4.6	7.9	18.9	14.7	2.0	—	6.9	16.5	12.6	23.0	298.5	—	55.2	149.1	12.8	23.8	12.4
Interest Expense - Net of Capitalized Interest	266.9	284.1	295.3	302.1	318.7	299.0	339.9	393.5	410.1	437.7	418.4	414.0	383.0	320.9	301.4	286.4	239.8	206.2	156.9	144.9
Equity Earnings/(Loss) - before Taxes including Non-Recurring	11.9	5.5	7.5	7.8	7.6	3.2	3.1	2.2	1.9	(0.8)	0.3	7.4	0.7	0.1	0.4	(2.2)	1.1	2.4	2.1	0.9
Other Non-Operating Income/(Expense) - Total	(63.6)	(85.8)	(29.2)	(32.7)	(113.9)	(20.2)	(40.3)	(21.1)	(76.0)	—	—	—	—	—	—	—	—	—	—	—
Normalized Pre-tax Profit	(568.7)	(297.4)	(89.0)	8.5	(354.9)	36.7	(36.1)	8.3	82.2	63.1	140.8	141.4	151.6	(424.3)	44.5	34.5	119.4	143.8	160.8	199.8
Provision for Income Tax Expense- Unclassified	94.5	(116.0)	—	—	75.0	(1.9)	(40.2)	—	53.9	—	—	—	80.6	(145.9)	—	—	—	—	—	—
Income before Taxes	(568.7)	(297.4)	(89.0)	8.5	(354.9)	36.7	(36.1)	8.3	82.2	63.1	140.8	141.4	151.6	(424.3)	44.5	34.5	119.4	143.8	160.8	199.8
Income Taxes	94.5	(116.0)	101.9	(20.6)	75.0	(1.9)	(40.2)	(12.8)	53.9	13.7	51.1	71.9	80.6	(145.9)	22.5	16.5	99.9	48.4	50.5	68.9
Income Taxes for the Year - Current	—	—	80.5	(32.7)	—	—	—	27.5	—	67.6	44.2	61.9	—	—	57.1	40.6	(71.1)	45.8	5.2	73.8
Income Taxes - Other (KFAS/NLST) - Current	—	—	80.5	(32.7)	—	—	—	27.5	—	—	—	—	—	—	—	—	—	—	—	—
Income Taxes - Deferred	—	—	21.3	12.0	—	—	—	(40.3)	—	(53.9)	6.9	10.0	—	—	(34.6)	(24.1)	171.0	2.7	45.3	(4.9)
Net Income after Tax	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Income before Discontinued Operations & Extraordinary Items	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Net Income before Minority Interest	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Net Income after Minority Interest	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Income Available to Common Shares	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Other Comprehensive Income - Starting Line	—	(181.5)	—	—	—	38.6	—	—	—	49.4	89.7	69.5	71.0	—	22.1	18.0	—	—	—	—
Other Comprehensive Income - Revaluation of Tangible & Intangible Assets	—	—	—	—	—	—	—	—	—	—	—	—	2,473.7	—	—	—	—	—	—	—
Other Comprehensive Income - Other	—	0.0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Comprehensive Income - Pension Related	—	—	—	—	—	—	—	—	—	—	—	—	(33.3)	—	—	—	—	—	—	—
Other Comprehensive Income - Income Tax	—	—	—	—	—	—	—	—	—	—	—	—	2.0	—	—	—	—	—	—	—
Other Comprehensive Income - Net of Tax - Total	—	0.0	—	—	—	0.0	—	—	—	0.0	0.0	0.0	2,442.5	0.0	0.0	0.0	(27.1)	0.0	0.0	—
Comprehensive Income before Minority Interest - Total	—	(181.5)	—	—	—	38.6	—	—	—	49.4	89.7	69.5	2,513.5	(278.4)	22.1	18.0	(7.7)	95.4	110.3	—
Comprehensive Income - Attributable to Parent Company Equity Holders - Total	—	(181.5)	—	—	—	38.6	—	—	—	49.4	89.7	69.5	2,513.5	(278.4)	22.1	18.0	(7.7)	95.4	110.3	—
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	1.87	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.00	0.00	0.00	0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Income available to Common excluding Extraordinary Items	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Shares used to calculate Basic EPS - Total mn	122.2	121.8	121.6	121.9	121.9	121.9	135.4	121.9	121.9	121.9	121.9	121.9	121.0	122.1	122.7	121.9	121.9	121.9	121.9	122.4
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
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×	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	122.2	121.8	121.6	121.9	121.9	121.9	135.4	121.9	121.9	121.9	121.9	121.9	121.0	122.1	122.7	121.9	121.9	121.9	121.9	122.4
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
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	—	(1.49)	—	—	—	0.32	—	—	—	0.40	0.74	0.57	20.76	(2.28)	0.18	0.15	(0.06)	0.78	0.90	—
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Diluted Income available to Common excluding Extraordinary Items	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Shares used to calculate Diluted EPS - Total mn	122.2	121.8	121.6	121.9	121.9	121.9	135.4	121.9	121.9	121.9	121.9	121.9	121.0	122.1	122.7	121.9	121.9	121.9	121.9	122.4
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
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×	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	122.2	121.8	121.6	121.9	121.9	121.9	135.4	121.9	121.9	121.9	121.9	121.9	121.0	122.1	122.7	121.9	121.9	121.9	121.9	122.4
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs	(5.43)	(1.49)	(1.57)	0.24	(3.53)	0.32	0.03	0.17	0.23	0.40	0.74	0.57	0.59	(2.28)	0.18	0.15	0.16	0.78	0.90	1.07
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	—	(1.49)	—	—	—	0.32	—	—	—	0.40	0.74	0.57	20.76	(2.28)	0.18	0.15	(0.06)	0.78	0.90	—
DPS - Common - Gross - Issue - By Announcement Date Rs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.87	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.00	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	1.68	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.25	0.00	0.00	0.00	0.00
Earnings before Interest & Taxes (EBIT)	(250.2)	66.9	228.0	335.5	70.1	352.8	341.0	420.8	566.4	501.6	558.9	548.0	533.9	(103.5)	345.6	323.1	358.1	347.6	315.6	343.9
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA)	(120.2)	198.3	360.3	465.8	198.3	483.8	469.8	549.9	695.6	633.2	690.7	681.2	661.7	24.8	475.7	453.1	484.0	470.7	436.7	462.4
Depreciation, Depletion & Amortization - Total	130.0	131.4	132.3	130.3	128.3	131.0	128.8	129.2	129.1	131.6	131.8	133.2	127.8	128.3	130.1	130.0	125.9	123.1	121.1	118.5
Depreciation - Total	129.9	131.4	132.0	130.0	128.0	130.8	128.6	128.9	128.8	131.3	131.5	132.9	127.5	127.9	130.0	129.8	125.8	122.7	120.6	118.0
Amortization of Intangible Assets including Goodwill - Total	—	—	—	—	—	—	—	0.2	—	—	—	—	—	—	—	—	—	—	—	—
Amortization of Intangible Assets excluding Goodwill - Total	0.1	0.1	0.2	0.2	0.2	0.2	0.2	0.2	0.3	0.4	0.3	0.3	0.3	0.3	0.1	0.1	0.1	0.4	0.5	0.5
Normalized after Tax Profit	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Normalized Net Income from Continuing Operations	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Normalized Net Income - Bottom Line	(663.2)	(181.5)	(190.9)	29.2	(429.9)	38.6	4.1	21.1	28.3	49.4	89.7	69.5	71.0	(278.4)	22.1	18.0	19.4	95.4	110.3	130.9
Earnings before Interest & Taxes (EBIT) - Normalized	(301.8)	(13.3)	206.2	310.7	(36.2)	335.7	303.7	401.8	492.4	500.8	559.2	555.4	534.6	(103.3)	346.0	320.9	359.2	349.9	317.8	344.8
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized	(171.9)	118.1	338.5	440.9	92.1	466.8	432.6	530.9	621.5	632.4	691.0	688.6	662.5	24.9	476.1	450.9	485.1	473.1	438.9	463.3
Interest Expense	266.9	284.1	295.3	302.1	318.7	299.0	339.9	393.5	410.1	437.7	418.4	414.0	383.0	320.9	301.4	286.4	239.8	206.2	156.9	144.9
Operating Expenses	4,971.0	3,858.2	4,229.6	3,413.3	3,768.5	4,604.7	4,797.7	3,444.2	4,822.5	4,758.1	4,488.8	4,294.2	3,852.7	3,566.1	3,626.0	2,874.7	5,316.5	4,398.0	3,619.5	3,889.2
Selling, General & Administrative Expenses excluding Research & Development Expenses	337.6	286.8	361.4	276.1	279.4	338.7	324.7	242.7	313.9	306.8	322.6	275.0	248.4	236.9	244.8	208.2	352.3	248.0	206.4	213.2
Income before Taxes & Provision for Loan Losses	(568.7)	(297.4)	(89.0)	8.5	(354.9)	36.7	(36.1)	8.3	82.2	63.1	140.8	141.4	151.6	(424.3)	44.5	34.5	119.4	143.8	160.8	199.8
Cost of Revenue including Operation & Maintenance (Utility) - Total	4,683.0	3,586.1	3,918.2	3,154.9	3,536.8	4,261.0	4,493.9	3,236.1	4,536.5	4,475.5	4,163.8	4,084.8	3,611.6	3,050.5	3,433.6	2,631.3	4,861.5	4,158.8	3,431.7	3,683.5
Cost of Revenues excluding Depreciation	4,683.0	3,586.1	3,918.2	3,154.9	3,536.8	4,261.0	4,493.9	3,236.1	4,536.5	4,475.5	4,163.8	4,084.8	3,611.6	3,050.5	3,433.6	2,631.3	4,861.5	4,158.8	3,431.7	3,683.5
DPS - Common - Gross - Issue - By Payable Date Rs	0.00	0.00	0.00	0.00	0.00	0.00	1.87	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
DPS - Common - Gross - Issue - By Ex Date Rs	0.00	0.00	0.00	0.00	0.00	0.00	1.87	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
Tax Adjusted Operating Income	—	—	—	1,062.9	—	353.0	—	1,021.0	169.5	391.8	356.3	273.0	250.3	—	171.6	167.2	58.5	232.1	218.0	225.9
Operating Expenses excluding Non-Cash Charges - Total	4,841.0	3,726.8	4,097.3	3,283.1	3,640.2	4,473.7	4,668.9	3,315.0	4,693.3	4,626.5	4,357.0	4,161.0	3,724.9	3,437.8	3,495.8	2,744.7	5,190.6	4,274.8	3,498.4	3,770.6
Income Available to Common Shares before Depreciation & Amortization	(533.2)	(50.0)	(58.6)	159.4	(301.6)	169.6	132.9	150.3	157.5	181.0	221.5	202.7	198.8	(150.2)	152.2	148.0	145.4	218.5	231.5	249.5
Fixed Charges	266.9	284.1	295.3	302.1	318.7	299.0	339.9	393.5	410.1	437.7	418.4	414.0	383.0	320.9	301.4	286.4	239.8	206.2	156.9	144.9
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	0.00	0.00	0.00	0.00	0.00	0.00	1.87	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.00	0.00	0.00	0.00	0.00

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