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

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BSE Code : 543526 | NSE Symbol : LICI | ISIN : INE0J1Y01017 | Industry : Insurance |

Quarterly Results

Particulars (₹ Cr)	Jun 2024	Mar 2024	Dec 2023	Sep 2023
OPERATING RESULTS :
Gross premiums Written:	113900.24	152812.71	117222.6385	107477.1372
(a) First Year Premium	7,470.43	13,810.17	8,428.95	9,988.18
(b) Renewal Premium	56,429.19	77,638.08	62,431.23	59,642.92
(c) Single Premium	50,000.62	61,364.46	46,362.46	37,846.04
(d) Other Gross Premiums	0.00	0.00	0.00	0.00
Net premium written	0.00	0.00	0.00	0.00
Premium Earned(Net)	1,13,770.14	1,52,293.13	1,17,016.93	1,07,396.77
Income from investments (Net) (Insurance)	96,182.56	84,425.45	95,266.89	93,942.20
Other income (Insurance)	145.48	14,160.93	163.84	248.05
Foreign Exchange Gain/(Loss)	0.00	0.00	0.00	0.00
Investment income from Pool (Terrorism / Nuclear)	0.00	0.00	0.00	0.00
Miscellaneous Income	145.48	14,160.93	163.84	248.05
Transfer of fund from Shareholders' A/c	811.64	43.72	-0.62	0.33
Total Income	2,10,909.82	2,50,923.23	2,12,447.02	2,01,587.36
Commission & Brokerage (net) :
(a) First Year Commission	2,018.18	3,420.35	2,520.50	2,483.06
(b) Renewal Commission	2,917.26	4,021.16	3,295.23	3,075.74
(c) Single Commission	91.63	152.44	122.71	130.89
(d) Other Commission	63.00	651.76	581.33	387.76
Net Commission	5,090.07	8,245.71	6,519.77	6,077.45
Operating Expenses related to insurance business (ab)	8,431.23	16,463.34	11,674.09	12,437.17
(a) Employees remuneration and welfare expenses	6,536.64	13,749.89	9,543.68	10,559.71
(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·	1,894.59	2,713.45	2,130.41	1,877.45
Premium Deficiency	0.00	0.00	0.00	0.00
Incurred Claims: -	1,85,015.78	2,11,504.37	1,84,491.35	1,74,703.93
(a) Claims Paid / Benefit Paid	81,864.31	1,35,103.23	95,497.65	83,363.90
(b) Change in Outstanding Claims (Incl. IBNR/IBNER)	0.00	0.00	0.00	0.00
(c) Changes in Actuarial Liabilities	1,03,151.47	76,401.14	88,993.70	91,340.03
Total Expense	1,98,537.08	2,36,213.42	2,02,685.22	1,93,218.54
Underwriting Profit/Loss	-84,766.94	-83,920.29	-85,668.29	-85,821.77
Provisions for doubtful debts (Including bad debts written off)	-163.46	-634.97	-217.11	41.43
Provisions for diminution In value of investments	35.10	345.36	143.60	-29.50
Provisions for goods and service tax / service tax charge on linked charges	24.61	52.56	33.17	30.38
Provision for tax	1,589.11	2,114.43	1,328.46	1,074.33
Total Expenses Including Provisions	2,00,022.44	2,38,090.80	2,03,973.34	1,94,335.19
Operating Profit/Loss:	10,887.38	12,832.43	8,473.68	7,252.17
Appropriations	10,887.38	12,832.43	8,473.68	7,252.17
(a) Transfer to Profit and Loss A/c	10,779.86	12,793.67	8,437.52	7,217.01
(b) Transfer to Reserves / Shareholders' A/c	107.52	38.76	36.16	35.16
(c) Fund for Future Appropriations	0.00	0.00	0.00	0.00
Detail of Surplus / Deficit :
(a) Interim Bonus Paid	729.11	461.26	0.00	0.00
(b) Terminal Bonus Paid	0.00	0.00	0.00	0.00
(c) Allocation of bonus to Policyholders	0.00	52,955.87	0.00	0.00
(d) Surplus Shown in the Revenue A/c	0.00	0.00	0.00	0.00
Total Surplus / Deficit	729.11	53,417.13	0.00	0.00
NON OPERATING RESULTS
Income in Shareholders' account (abc)	11,956.57	13,917.71	9,498.48	8,098.70
(a) Transfer from Policyholders' Fund	10,779.86	12,793.67	8,437.52	7,217.01
(b) Net Reinsurance Premium	0.00	0.00	0.00	0.00
(c)Total Income Under Shareholders' account (bc)	1,176.71	1,124.04	1,060.96	881.69
Income from investments	1,176.71	1,124.04	1,060.96	881.69
Other income	0.00	0.00	0.00	0.00
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	227.83	245.98	0.10	0.10
Transfer of fund to Policyholders' A/c	1,268.07	43.72	-0.62	0.33
Provisions for doudtful debts (including bad debts written off)	0.00	0.00	0.00	0.00
Provisions for diminution in value of Investments / Amortisation of premium on investments	-0.38	-10.20	0.27	82.66
Total Expenses	1,495.52	279.50	-0.25	83.09
Profit/Loss before Extraordinary items	10,461.05	13,638.21	9,498.73	8,015.62
Extraordinary Items before tax	0.00	0.00	0.00	0.00
Profit/(loss) before tax	10,461.05	13,638.21	9,498.73	8,015.62
Provisions for tax	0.00	-124.43	54.32	90.60
Profit/(loss) after tax	10,461.05	13,762.64	9,444.42	7,925.02
Extraordinary Items	0.00	0.00	0.00	0.00
Net Profit	10,461.05	13,762.64	9,444.42	7,925.02
Dividend per share (Rs)	0.00	4.00	0.00	0.00
(a) Interim Dividend	0.00	4.00	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	86,172.31	75,711.26	64,478.62	55,034.20
Paid up equity share capital	6,325.00	6,325.00	6,325.00	6,325.00
Reserve & Surplus (excluding Revaluation Reserve)	86,201.13	75,740.08	64,507.44	55,062.97
Fair Value Change Account and Revaluation Reserve	36.08	-126.92	-84.48	-111.11
Face Value	0.00	0.00	0.00	0.00
Total Assets:
(a) Investments:	51,88,654.87	49,75,514.19	48,14,492.80	45,90,990.21
- Shareholders' Fund	70,286.13	63,743.97	57,087.13	50,786.54
- Policyholders' Fund	50,79,688.70	48,76,512.40	47,24,460.36	45,10,250.19
- Assets held to cover linked liabilities	38,680.04	35,257.82	32,945.31	29,953.47
(b) Other Assets (Net of current liabilities and provisions)	38,680.04	35,257.82	2,43,340.40	2,44,403.89
Nominal Value Per Share	0.00	0.00	0.00	0.00
Analytical Ratios:
Solvency Ratio	1.99	1.98	1.93	1.90
Expenses of Management Ratio	11.87	16.20	15.52	17.23
Policyholder's Liabilities to Shareholder's fund	57.87	62.73	70.49	77.91
Incurred Claim Ratio	0.00	0.00	0.00	0.00
Net retention ratio	0.00	0.00	0.00	0.00
Combined ratio:	0.00	0.00	0.00	0.00
Adjusted Combined Ratio	0.00	0.00	0.00	0.00
Earnings per share (in Rs):
(a) Basic EPS	16.54	21.76	14.93	12.53
(b) Diluted EPS	16.54	21.76	14.93	12.53
NPA ratios:
a) Gross NPAs	10,678.86	10,697.53	11,165.19	11,643.96
b) Net NPAs	5.65	5.14	8.01	8.77
(%) Gross Non Performing Assets	1.95	2.01	2.15	2.43
(%) Net Non Performing Assets	0.00	0.00	0.00	0.00

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Life Insurance Corporation of India

Quarterly Results