The company has posted operating loss of Rs 199.13 crore in Q2FY2019 as against Rs 395.88 crore in Q2FY2018. Profit after tax stood at Rs 328.64 crore in Q2FY2019 compared with from Rs 748.26 crore in Q2FY2018.

Combined Ratio jumped to 124.7%, while adjusted combined ratio also increased above 100% mark to 104.6% in Q2FY2019. Return on Equity (annualized) dipped to 8.1% in Q2FY2019. The Solvency Margin continued to be healthy at 2.52x end September 2018.

The book value of the company including fair value change account stood at Rs 238.4 per share and excluding fair value change account stood at Rs 100.23 per share end September 2018.