ICICI Prudential Life Insurance Company consolidated net profit declines 65.03% in the March 2021 quarter

Sales rise 13.40% to Rs 11879.28 crore

Net profit of ICICI Prudential Life Insurance Company declined 65.03% to Rs 62.51 crore in the quarter ended March 2021 as against Rs 178.73 crore during the previous quarter ended March 2020. Sales rose 13.40% to Rs 11879.28 crore in the quarter ended March 2021 as against Rs 10475.12 crore during the previous quarter ended March 2020.

For the full year,net profit declined 10.39% to Rs 956.16 crore in the year ended March 2021 as against Rs 1066.98 crore during the previous year ended March 2020. Sales rose 6.37% to Rs 34973.37 crore in the year ended March 2021 as against Rs 32878.95 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales11879.2810475.12 13 34973.3732878.95 6 OPM %-3.74-5.62 --1.29-1.16 - PBDT172.07228.11 -25 1219.261198.41 2 PBT172.07228.11 -25 1219.261198.41 2 NP62.51178.73 -65 956.161066.98 -10

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