Life Insurance Corporation Of India
NSE:LICI
Income Statement
Income Statement
Life Insurance Corporation Of India
Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Gross Premiums Earned |
7 157 581
|
6 678 989
|
4 950 669
|
4 759 569
|
4 834 940
|
4 521 920
|
4 572 812
|
|
Revenue |
12 280 296
N/A
|
11 168 668
-9%
|
8 037 851
-28%
|
7 868 450
-2%
|
8 135 792
+3%
|
7 929 725
-3%
|
8 092 659
+2%
|
|
Operating Income | ||||||||
Operating Expenses |
(12 293 826)
|
(11 043 914)
|
(7 881 379)
|
(7 612 745)
|
(7 769 541)
|
(7 621 592)
|
(7 721 812)
|
|
Selling, General & Administrative |
(1 037 734)
|
(942 793)
|
(491 926)
|
(506 793)
|
(499 117)
|
(402 518)
|
(483 404)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(4 664)
|
0
|
0
|
0
|
|
Benefits Claims Loss Adjustment |
(11 322 945)
|
(10 084 947)
|
(7 305 725)
|
(7 146 979)
|
(7 341 626)
|
(7 290 723)
|
(7 305 598)
|
|
Other Operating Expenses |
66 854
|
(16 174)
|
(83 728)
|
45 691
|
71 202
|
71 649
|
67 189
|
|
Operating Income |
(13 530)
N/A
|
124 754
N/A
|
156 472
+25%
|
255 706
+63%
|
366 251
+43%
|
308 133
-16%
|
370 847
+20%
|
|
Pre-Tax Income | ||||||||
Interest Income Expense |
0
|
0
|
0
|
76 685
|
0
|
0
|
0
|
|
Non-Reccuring Items |
58
|
18 171
|
51 891
|
(14 728)
|
39 177
|
20 619
|
(14 877)
|
|
Total Other Income |
12 072
|
9 849
|
3 343
|
1 310
|
1 353
|
1 374
|
1 442
|
|
Pre-Tax Income |
(1 400)
N/A
|
152 774
N/A
|
211 706
+39%
|
318 973
+51%
|
406 782
+28%
|
330 126
-19%
|
357 411
+8%
|
|
Net Income | ||||||||
Tax Provision |
(838)
|
(959)
|
(823)
|
(843)
|
(1 544)
|
(2 242)
|
(2 581)
|
|
Income from Continuing Operations |
(2 238)
|
151 815
|
210 882
|
318 130
|
405 238
|
327 884
|
354 831
|
|
Income to Minority Interest |
(34)
|
23
|
2
|
20
|
(35)
|
(50)
|
(349)
|
|
Equity Earnings Affiliates |
64 588
|
53 980
|
41 268
|
41 817
|
45 085
|
44 214
|
48 769
|
|
Net Income (Common) |
62 315
N/A
|
205 818
+230%
|
252 152
+23%
|
359 966
+43%
|
450 288
+25%
|
372 048
-17%
|
403 250
+8%
|
|
EPS (Diluted) |
9.82
N/A
|
32.54
+231%
|
39.87
+23%
|
56.91
+43%
|
71.19
+25%
|
58.83
-17%
|
63.75
+8%
|