📉 Softlogic Life Sept Quarter Net Profit Plunges 93% to Rs. 76.5 Mn

• Key Financial Figures: • Net Profit: Down 92.9% YoY to Rs. 76.5 Mn (from Rs. 1.07 Bn) for Q3 ended Sept 30, 2026. • Earnings Per Share (EPS): Dropped to Rs. 0.24 (from Rs. 3.38). • Gross Written Premiums (GWP): Expanded 18.1% YoY to Rs. 12.25 Bn. • Total Net Revenue: Advanced 17.4% YoY to Rs. 13.35 Bn. • Driver Breakdown & Cost Impact: • Profitability was heavily impacted by a 34.2% rise in total benefits, claims, and expenses to Rs. 13.20 Bn. • Insurance contract liabilities jumped to Rs. 2.81 Bn (vs. Rs. 955.7 Mn in Q3 2025). • Net insurance benefits & claims paid rose 22.2% YoY to Rs. 6.07 Bn. • Zero surplus transfer was recognized from the non-participating life insurance fund during Q3, compared to Rs. 1.28 Bn transferred in H1. • Finance costs escalated 92.6% YoY to Rs. 300.7 Mn due to long-term borrowings drawn during the period. • Regional Expansion & Balance Sheet: • Q3 marked the initial consolidation of Bangladesh-based Diamond Life Insurance Co. Ltd (60% stake acquired for Rs. 641.5 Mn). • Total assets expanded to Rs. 81.89 Bn (up from Rs. 68.59 Bn at end-2025). • Net asset value per share stood at Rs. 39.98.