Life Insurance Corporation Of India has reported Consolidated financial results for the period ended March 31, 2023.
Financial Results (Q4 FY2023) – QoQ Comparison
The company has reported total income of Rs. 201021.8751 crores during the period ended March 31, 2023 as compared to Rs. 197663.0117 crores during the period ended December 31, 2022.
The company has posted net profit / (loss) of Rs. 13190.7943 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 6348.7149 crores for the period ended December 31, 2022.
The company has reported EPS of Rs. 20.86 for the period ended March 31, 2023 as compared to Rs. 10.04 for the period ended December 31, 2022.
| Total Income | ₹201021.8751 crs | ₹197663.0117 crs |  1.70% |
| Net Profit | ₹13190.7943 crs | ₹6348.7149 crs | 107.77% |
| EPS | ₹20.86 | ₹10.04 | 107.77% |
Financial Results (Q4 FY2023) – YoY Comparison
The company has reported total income of Rs.201021.8751 crores during the period ended March 31, 2023 as compared to Rs.215486.7438 crores during the period ended March 31, 2022.
The company has posted net profit / (loss) of Rs.13190.7943 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.2409.3965 crores for the period ended March 31, 2022.
The company has reported EPS of Rs.20.86 for the period ended March 31, 2023 as compared to Rs.3.81 for the period ended March 31, 2022.
| Total Income | ₹201021.8751 crs | ₹215486.7438 crs |  -6.71% |
| Net Profit | ₹13190.7943 crs | ₹2409.3965 crs | 447.47% |
| EPS | ₹20.86 | ₹3.81 | 447.51% |
Financial Results (Year Ended FY2023) – YoY Comparison
The company has reported total income of Rs.791234.4781 crores during the Financial Year ended March 31, 2023 as compared to Rs.732743.4114 crores during the Financial Year ended March 31, 2022.
The company has posted net profit / (loss) of Rs.35996.6460 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.4124.7082 crores for the Financial Year ended March 31, 2022.
The company has reported EPS of Rs.56.91 for the Financial Year ended March 31, 2023 as compared to Rs.6.52 for the Financial Year ended March 31, 2022.
| Total Income | ₹791234.4781 crs | ₹732743.4114 crs | 7.98% |
| Net Profit | ₹35996.6460 crs | ₹4124.7082 crs | 772.71% |
| EPS | ₹56.91 | ₹6.52 | 772.85% |
Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 593.55 as compared to the previous close of Rs. 589.95. The total number of shares traded during the day was 150870 in over 5137 trades.
The stock hit an intraday high of Rs. 604.00 and intraday low of 591.10. The net turnover during the day was Rs. 90121376.00.
Source : Equity Bulls
Keywords
LifeInsuranceCorporationofIndia
Q4FY23
FY2023
ResultUpdate
LIC
