Results     25-May-23
Announcements
Life Insurance Corporation of India consolidated net profit rises 447.47% in the March 2023 quarter
Sales decline 8.28% to Rs 132223.21 crore
Net profit of Life Insurance Corporation of India rose 447.47% to Rs 13190.79 crore in the quarter ended March 2023 as against Rs 2409.40 crore during the previous quarter ended March 2022. Sales declined 8.28% to Rs 132223.21 crore in the quarter ended March 2023 as against Rs 144158.84 crore during the previous quarter ended March 2022.

For the full year,net profit rose 772.71% to Rs 35996.65 crore in the year ended March 2023 as against Rs 4124.71 crore during the previous year ended March 2022. Sales rose 10.82% to Rs 475956.88 crore in the year ended March 2023 as against Rs 429500.77 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales132223.21144158.84 -8 475956.88429500.77 11
OPM %10.26-0.78 -7.051.63 -
PBDT14181.632378.81 496 41462.907941.49 422
PBT14181.632378.81 496 41462.907941.49 422
NP13190.792409.40 447 35996.654124.71 773

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