Life Insurance Corporation of India consolidated net profit rises 4.48% in the March 2024 quarter

Sales rise 15.55% to Rs 153018.97 crore

Net profit of Life Insurance Corporation of India rose 4.48% to Rs 13781.59 crore in the quarter ended March 2024 as against Rs 13190.79 crore during the previous quarter ended March 2023. Sales rose 15.55% to Rs 153018.97 crore in the quarter ended March 2024 as against Rs 132432.22 crore during the previous quarter ended March 2023.

For the full year,net profit rose 13.67% to Rs 40915.85 crore in the year ended March 2024 as against Rs 35996.64 crore during the previous year ended March 2023. Sales rose 0.19% to Rs 477521.05 crore in the year ended March 2024 as against Rs 476632.79 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales153018.97132432.22 16 477521.05476632.79 0 OPM %0.208.71 -5.876.16 - PBDT14560.4312150.98 20 42879.9037283.27 15 PBT14560.4312150.98 20 42879.9037283.27 15 NP13781.5913190.79 4 40915.8535996.64 14

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