Karachi: Adamjee Insurance Company Limited has reported its financial results for the nine months ending September 30, 2026, exhibiting substantial growth in key financial indicators compared to the same period in the previous year. The detailed report was released on October 28, 2026.
The company's net insurance premium for the nine-month period increased to 36.96 billion rupees from 28.03 billion rupees in the corresponding period of 2025, marking a very large or significant move of 31.85%. Net insurance claims, however, also rose to 23.45 billion rupees from 18.36 billion rupees, reflecting heightened claim activity.
Net commission and other acquisition costs reached 5.96 billion rupees, up from 4.33 billion rupees. Insurance claims and acquisition expenses totaled 29.41 billion rupees against 22.68 billion rupees reported during the same period last year. Management expenses increased to 5.34 billion rupees compared to 4.77 billion rupees in the previous year.
The underwriting results for the nine-month period stood at 2.21 billion rupees, a significant increase from 574.45 million rupees. Investment income, however, saw a decline to 4.45 billion rupees from 5.39 billion rupees. Rental income was recorded at 179.95 million rupees, with other income amounting to 236.15 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), the results of operating activities showed improvement, resulting in 6.83 billion rupees compared to 6.38 billion rupees in the previous year. Finance costs were reported at 7.27 million rupees, while profit from Window Takaful Operations - Operator's Fund reached 479.37 million rupees.
Profit before taxation was noted at 7.30 billion rupees, up from 6.71 billion rupees, with the income tax expense increasing to 2.67 billion rupees. The profit after taxation for the period was 4.63 billion rupees, compared to 4.16 billion rupees in the prior year, demonstrating a significant growth.
Earnings after tax per share, both basic and diluted, were reported at 13.24 rupees, up from 11.88 rupees in the same period of the previous year.