ICICI Prudential Life Insurance Company consolidated net profit rises 198.96% in the March 2022 quarter

Sales decline 4.38% to Rs 11358.91 crore

Net profit of ICICI Prudential Life Insurance Company rose 198.96% to Rs 186.88 crore in the quarter ended March 2022 as against Rs 62.51 crore during the previous quarter ended March 2021. Sales declined 4.38% to Rs 11358.91 crore in the quarter ended March 2022 as against Rs 11879.28 crore during the previous quarter ended March 2021.

For the full year,net profit declined 20.60% to Rs 759.20 crore in the year ended March 2022 as against Rs 956.16 crore during the previous year ended March 2021. Sales rose 3.85% to Rs 36321.27 crore in the year ended March 2022 as against Rs 34973.37 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales11358.9111879.28 -4 36321.2734973.37 4 OPM %-6.14-3.74 --3.65-1.29 - PBDT315.11172.07 83 960.921219.26 -21 PBT315.11172.07 83 960.921219.26 -21 NP186.8862.51 199 759.20956.16 -21

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