General Insurance Corporation of India consolidated net profit rises 1.47% in the March 2021 quarter

Sales decline 0.90% to Rs 7595.07 crore

Net profit of General Insurance Corporation of India rose 1.47% to Rs 1328.87 crore in the quarter ended March 2021 as against Rs 1309.62 crore during the previous quarter ended March 2020. Sales declined 0.90% to Rs 7595.07 crore in the quarter ended March 2021 as against Rs 7664.41 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 1991.59 crore in the year ended March 2021 as against net loss of Rs 186.46 crore during the previous year ended March 2020. Sales declined 9.85% to Rs 39984.66 crore in the year ended March 2021 as against Rs 44351.02 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales7595.077664.41 -1 39984.6644351.02 -10 OPM %27.389.77 -8.21-2.18 - PBDT2000.461123.19 78 3069.32-365.68 LP PBT2000.461123.19 78 3069.32-365.68 LP NP1328.871309.62 1 1991.59-186.46 LP

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