Life Insurance Corporation of India

NSE LICI.NS

Life Insurance Corporation of India Net Income for the year ending March 31, 2024: USD 4.91 B

Life Insurance Corporation of India Net Income is USD 4.91 B for the year ending March 31, 2024, a 12.00% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Life Insurance Corporation of India Net Income for the year ending March 31, 2023 was USD 4.38 B, a 706.24% change year over year.
  • Life Insurance Corporation of India Net Income for the year ending March 31, 2022 was USD 543.22 M, a -3.74% change year over year.
  • Life Insurance Corporation of India Net Income for the year ending March 31, 2021 was USD 564.32 M, a 34.12% change year over year.
  • Life Insurance Corporation of India Net Income for the year ending March 31, 2020 was USD 420.77 M, a -10.98% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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NSE: LICI.NS

Life Insurance Corporation of India

CEO Mr. Siddhartha Mohanty
IPO Date May 17, 2022
Location India
Headquarters Yogakshema Building
Employees 98,661
Sector Finance
Industries
Description

Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It provides individual products, including participating insurance products; and non-participating products comprising savings insurance, term insurance, health insurance, annuity and pension, and unit-linked insurance products; special products for women and children, micro insurance products; and riders, an add-on covers to the base policy to facilitate additional benefits linked to the accident, critical illness, and death and premium waiver benefit. The company also offers group products, such as group term insurance, group savings insurance, group savings pension, and group annuity products. Life Insurance Corporation of India was incorporated in 1956 and is based in Mumbai, India.

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StockViz Staff

January 15, 2025

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