Results     25-May-23
Announcements
Life Insurance Corporation of India standalone net profit rises 466.20% in the March 2023 quarter
Sales decline 8.34% to Rs 131761.11 crore
Net profit of Life Insurance Corporation of India rose 466.20% to Rs 13427.81 crore in the quarter ended March 2023 as against Rs 2371.55 crore during the previous quarter ended March 2022. Sales declined 8.34% to Rs 131761.11 crore in the quarter ended March 2023 as against Rs 143745.92 crore during the previous quarter ended March 2022.

For the full year,net profit rose 800.23% to Rs 36397.39 crore in the year ended March 2023 as against Rs 4043.12 crore during the previous year ended March 2022. Sales rose 10.90% to Rs 474004.61 crore in the year ended March 2023 as against Rs 427419.21 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales131761.11143745.92 -8 474004.61427419.21 11
OPM %10.471.46 -7.162.61 -
PBDT14375.112313.23 521 41699.6311945.35 249
PBT14375.112313.23 521 41699.6311945.35 249
NP13427.812371.55 466 36397.394043.12 800

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