Name: Capital Market Publishers India Pvt. Ltd.
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31 Oct, EOD - Indian

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BSE Code : 540755 | NSE Symbol : GICRE | ISIN : INE481Y01014 | Industry : Insurance |

Quarterly Results

Particulars (₹ Cr)	Jun 2024	Mar 2024	Dec 2023	Sep 2023
OPERATING RESULTS :
Gross premiums Written:	12405.68	8723.65	8778.26	10762.14
(a) First Year Premium	0.00	0.00	0.00	0.00
(b) Renewal Premium	0.00	0.00	0.00	0.00
(c) Single Premium	0.00	0.00	0.00	0.00
(d) Other Gross Premiums	12,405.68	8,723.65	8,778.26	10,762.14
Net premium written	1,158.51	7,904.46	7,853.35	9,966.81
Premium Earned(Net)	10,063.56	7,227.11	7,758.28	9,958.11
Income from investments (Net) (Insurance)	1,919.16	1,947.86	2,156.65	2,232.72
Other income (Insurance)	-18.40	-18.20	58.29	115.81
Foreign Exchange Gain/(Loss)	-18.40	-18.20	58.29	115.81
Investment income from Pool (Terrorism / Nuclear)	0.00	0.00	0.00	0.00
Miscellaneous Income	0.00	0.00	0.00	0.00
Transfer of fund from Shareholders' A/c	0.00	0.00	0.00	0.00
Total Income	11,964.32	9,156.77	9,973.22	12,306.64
Commission & Brokerage (net) :
(a) First Year Commission	0.00	0.00	0.00	0.00
(b) Renewal Commission	0.00	0.00	0.00	0.00
(c) Single Commission	0.00	0.00	0.00	0.00
(d) Other Commission	2,196.82	1,490.71	1,261.42	1,653.69
Net Commission	2,196.82	1,490.71	1,261.42	1,653.69
Operating Expenses related to insurance business (ab)	91.36	116.08	103.27	87.32
(a) Employees remuneration and welfare expenses	36.50	66.70	58.75	47.05
(c) Advertisements	0.00	0.00	0.00	0.00
(d) Business development expenses	0.00	0.00	0.00	0.00
(e) Other operating expenses·	54.86	49.38	44.52	40.27
Premium Deficiency	11.23	50.15	1.40	9.46
Incurred Claims: -	9,034.28	4,981.91	7,998.07	9,795.05
(a) Claims Paid / Benefit Paid	7,458.04	5,914.75	6,806.53	6,737.32
(b) Change in Outstanding Claims (Incl. IBNR/IBNER)	1,576.24	-932.84	1,191.54	3,057.73
(c) Changes in Actuarial Liabilities	0.00	0.00	0.00	0.00
Total Expense	11,333.69	6,638.85	9,364.16	11,545.52
Underwriting Profit/Loss	-1,270.13	588.26	-1,605.88	-1,587.41
Provisions for doubtful debts (Including bad debts written off)	0.00	0.00	0.00	0.00
Provisions for diminution In value of investments	0.00	0.00	0.00	0.00
Provisions for goods and service tax / service tax charge on linked charges	0.00	0.00	0.00	0.00
Provision for tax	0.00	0.00	0.00	0.00
Total Expenses Including Provisions	11,333.69	6,638.85	9,364.16	11,545.52
Operating Profit/Loss:	630.63	2,517.92	609.06	761.12
Appropriations	630.63	2,517.92	609.06	761.12
(a) Transfer to Profit and Loss A/c	630.63	1,930.42	609.06	761.12
(b) Transfer to Reserves / Shareholders' A/c	0.00	587.50	0.00	0.00
(c) Fund for Future Appropriations	0.00	0.00	0.00	0.00
Detail of Surplus / Deficit :
(a) Interim Bonus Paid	0.00	0.00	0.00	0.00
(b) Terminal Bonus Paid	0.00	0.00	0.00	0.00
(c) Allocation of bonus to Policyholders	0.00	0.00	0.00	0.00
(d) Surplus Shown in the Revenue A/c	0.00	0.00	0.00	0.00
Total Surplus / Deficit	0.00	0.00	0.00	0.00
NON OPERATING RESULTS
Income in Shareholders' account (abc)	1,489.02	3,109.40	1,964.60	1,893.69
(a) Transfer from Policyholders' Fund	630.63	1,934.02	609.06	761.12
(b) Net Reinsurance Premium	0.00	0.00	0.00	0.00
(c)Total Income Under Shareholders' account (bc)	858.39	1,175.38	1,355.54	1,132.57
Income from investments	839.83	1,023.62	936.37	868.25
Other income	18.56	151.76	419.17	264.32
Expenses :
Reinsurance Claims Incurred	0.00	0.00	0.00	0.00
Expenses relating to reinsurance business & Change in reinsurare contract liabililles (net of reinsurance assets)	0.00	0.00	0.00	0.00
Expenses other than those related to insurance business	33.56	20.69	19.98	-3.98
Transfer of fund to Policyholders' A/c	0.00	0.00	0.00	0.00
Provisions for doudtful debts (including bad debts written off)	58.24	-114.03	7.26	36.57
Provisions for diminution in value of Investments / Amortisation of premium on investments	4.07	27.90	13.54	13.50
Total Expenses	95.87	-65.44	40.78	46.09
Profit/Loss before Extraordinary items	1,393.15	3,174.84	1,923.82	1,847.60
Extraordinary Items before tax	0.00	0.00	0.00	0.00
Profit/(loss) before tax	1,393.15	3,174.84	1,923.82	1,847.60
Provisions for tax	356.79	528.86	405.86	242.51
Profit/(loss) after tax	1,036.36	2,645.98	1,517.96	1,605.09
Extraordinary Items	0.00	0.00	0.00	0.00
Net Profit	1,036.36	2,645.98	1,517.96	1,605.09
Dividend per share (Rs)	0.00	0.00	0.00	0.00
(a) Interim Dividend	0.00	0.00	0.00	0.00
(b) Final Dividend	0.00	0.00	0.00	0.00
Opening Balance and Appropriations from PAT (Net)	0.00	0.00	0.00	0.00
Profit/ (Loss) carried to Balance Sheet	18,358.02	2,642.48	1,517.95	13,161.23
Paid up equity share capital	877.20	877.20	877.20	877.20
Reserve & Surplus (excluding Revaluation Reserve)	38,858.08	37,804.63	34,667.24	32,901.96
Fair Value Change Account and Revaluation Reserve	47,290.78	43,748.47	42,595.00	38,109.92
Face Value	5.00	5.00	5.00	5.00
Total Assets:
(a) Investments:	1,37,863.69	1,31,424.69	1,28,098.62	1,21,453.75
- Shareholders' Fund	43,074.50	40,621.21	37,853.66	35,102.97
- Policyholders' Fund	94,789.19	90,803.48	90,244.96	86,350.78
- Assets held to cover linked liabilities	0.00	0.00	0.00	0.00
(b) Other Assets (Net of current liabilities and provisions)	-50,837.63	-48,994.39	-49,959.18	-49,564.68
Nominal Value Per Share	0.00	0.00	0.00	0.00
Analytical Ratios:
Solvency Ratio	3.36	3.25	2.94	2.82
Expenses of Management Ratio	0.79	1.47	1.31	0.88
Policyholder's Liabilities to Shareholder's fund	0.00	0.00	0.00	0.00
Incurred Claim Ratio	89.77	68.93	103.09	98.36
Net retention ratio	93.01	90.61	89.46	92.61
Combined ratio:	109.60	89.26	120.47	115.83
Adjusted Combined Ratio	92.97	64.62	93.01	93.43
Earnings per share (in Rs):
(a) Basic EPS	5.91	15.06	21.97	13.32
(b) Diluted EPS	5.91	15.06	21.97	13.32
NPA ratios:
a) Gross NPAs	0.02	0.02	0.02	0.02
b) Net NPAs	0.00	0.00	0.00	0.00
(%) Gross Non Performing Assets	0.00	0.00	0.00	0.00
(%) Net Non Performing Assets	0.00	0.00	0.00	0.00

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General Insurance Corporation of India

Quarterly Results