ICICI Prudential Life Insurance Company consolidated net profit declines 31.53% in the March 2020 quarter

Sales rise 4.16% to Rs 10475.12 crore

Net profit of ICICI Prudential Life Insurance Company declined 31.53% to Rs 178.73 crore in the quarter ended March 2020 as against Rs 261.02 crore during the previous quarter ended March 2019. Sales rose 4.16% to Rs 10475.12 crore in the quarter ended March 2020 as against Rs 10056.32 crore during the previous quarter ended March 2019.

For the full year,net profit declined 6.32% to Rs 1066.98 crore in the year ended March 2020 as against Rs 1138.93 crore during the previous year ended March 2019. Sales rose 7.52% to Rs 32878.95 crore in the year ended March 2020 as against Rs 30578.29 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales10475.1210056.32 4 32878.9530578.29 8 OPM %-5.62-0.85 --1.162.15 - PBDT228.11303.02 -25 1198.411274.43 -6 PBT228.11303.02 -25 1198.411274.43 -6 NP178.73261.02 -32 1066.981138.93 -6

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