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

Previous News
  Life Insurance Corporation of India fixes record date for final dividend
 ( Market Beat - Reports 27-May-24   19:40 )
  Life insurers’ new business premium income raises 15.6% at Rs 60,214 crore in March 2024
 ( Insurance - 19-Apr-24   11:08 )
  Life Insurance Corporation of India reduces stake in DCM Sriram
 ( Corporate News - 30-Aug-24   18:24 )
  Life Insurance Corporation of India pares stake held in HDFC AMC
 ( Corporate News - 30-Aug-24   18:22 )
  Life Insurance Corporation of India launches four new life insurance plans
 ( Corporate News - 05-Aug-24   15:29 )
  LIC’s April 2024 total premium collection hits decade high of Rs 12,384 crore
 ( Insurance - 10-May-24   17:12 )
  LIC increases stake held in Container Corporation of India
 ( Corporate News - 26-Sep-23   16:02 )
  LIC to establish branch office at IFSC, GIFT City
 ( Corporate News - 26-Dec-23   17:12 )
  LIC Q2 PAT slides 50% YoY to Rs 7,925 cr
 ( Hot Pursuit - 11-Nov-23   11:34 )
  LIC pares stake in Hero Moto Corp
 ( Hot Pursuit - 15-Dec-23   14:58 )
  Life Insurance Corporation of India to table results
 ( Corporate News - 28-Oct-23   10:39 )
Other Stories
  Shri Bholanath Carpets reports standalone net profit of Rs 0.02 crore in the June 2024 quarter
  30-Sep-24   07:34
  Gala Precision Engineering consolidated net profit rises 38.55% in the June 2024 quarter
  30-Sep-24   07:34
  Kross standalone net profit declines 4.25% in the June 2024 quarter
  28-Sep-24   07:36
  Jamna Auto Industries consolidated net profit rises 1.73% in the June 2024 quarter
  28-Sep-24   07:35
  Baazar Style Retail reports standalone net loss of Rs 0.39 crore in the June 2024 quarter
  26-Sep-24   07:35
  Mysore Paper Mills reports standalone net loss of Rs 22.19 crore in the June 2024 quarter
  26-Sep-24   07:35
  Educomp Solutions reports standalone net loss of Rs 1.81 crore in the June 2024 quarter
  25-Sep-24   07:30
  Ecos (India) Mobility & Hospitality consolidated net profit declines 3.08% in the June 2024 quarter
  25-Sep-24   07:30
  Orissa Minerals Development Company reports standalone net loss of Rs 2.08 crore in the June 2024 quarter
  24-Sep-24   07:43
  Apis India consolidated net profit declines 40.92% in the June 2024 quarter
  21-Sep-24   07:30
Back Top