Pak-Qatar Family Takaful Limited (PQFTL) has announced its financial results for the quarter ended March 31, 2026, posting a return to profitability and demonstrating resilience amid a challenging investment environment. The company’s Board of Directors approved the results at its meeting held on April 30, 2026, while declaring no cash dividend, bonus shares, or right shares for the period.
According to the financial statements, the shareholders’ fund recorded a profit after tax of Rs35.17 million during the first quarter of 2026, compared to a loss of Rs26.75 million in the corresponding period last year. Earnings per share (EPS) stood at Rs0.15, marking a notable improvement from a loss per share of Rs0.20 recorded in the same quarter of 2025.
The company’s net income increased to Rs605.66 million, supported by higher takaful operator fees, investment income, and realized gains on investments. Investment income rose to Rs44.61 million, while realized fair value gains on investments contributed Rs24.01 million during the quarter.
On the participants’ fund side, gross contribution revenue climbed to Rs7.04 billion, up from Rs6.33 billion in the corresponding quarter last year. Net contribution revenue reached Rs6.75 billion, reflecting steady growth in the company’s takaful business. However, investment performance was impacted by unrealized losses on investments amounting to Rs291.36 million, which weighed on overall participants’ fund income. Despite this, the participants’ fund generated a surplus reserve of Rs44.14 million, significantly higher than the Rs12.33 million reported a year earlier.
Pak-Qatar Family Takaful’s financial position remained strong, with total assets standing at Rs70.99 billion as of March 31, 2026. Shareholders’ equity increased to Rs3.64 billion, while total equity reached Rs3.44 billion after accounting for Qard-e-Hasna adjustments. Cash and bank balances stood at Rs3.21 billion at the end of the quarter.
The company’s improved profitability and growth in contribution revenue highlight its ability to strengthen core operations despite volatility in investment markets. With a robust asset base and positive earnings momentum, Pak-Qatar Family Takaful appears well-positioned to pursue further growth in Pakistan’s expanding Islamic insurance sector.
