Sales rise 18.65% to Rs 7526.42 crore
Net profit of ICICI Prudential Life Insurance Company declined 43.88% to Rs 238.40 crore in the quarter ended March 2017 as against Rs 424.77 crore during the previous quarter ended March 2016. Sales rose 18.65% to Rs 7526.42 crore in the quarter ended March 2017 as against Rs 6343.26 crore during the previous quarter ended March 2016.For the full year,net profit declined 19.99% to Rs 1073.82 crore in the year ended March 2017 as against Rs 1342.07 crore during the previous year ended March 2016. Sales rose 16.61% to Rs 22155.25 crore in the year ended March 2017 as against Rs 18998.70 crore during the previous year ended March 2016.
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