Life Insurance Corporation of India
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Life Insurance Corporation of India's past years’ income statements indicate that its last revenue has increased compared to the previous period by 18% to $8,607,371,300,000. The net income raised on $409,158,500,000 and profit margin reached 5%. Total operating expenses were $8,479,251,300,000.

Profit Margin

Life Insurance Corporation of India (NSE:LICI.NS): Profit margin
2019 5.64T 32.84B 0.58%
2021 6.86T 41.32B 0.6%
2022 7.31T 41.24B 0.56%
2024 8.60T 409.15B 4.75%

LICI.NS Income Statement (2018 – 2023)

2023 2021 2020 2018
Revenue
Revenue
8.60T7.31T6.86T5.64T
Cost of revenue
0000
Gross profit
8.60T7.31T6.86T5.64T
Operating exp.
Research and development
0000
Selling and marketing
5.56B7.48B4.83B4.06B
Total operating expenses
8.47T7.09T6.83T-5.57T
Operating income
-40.71B181.71B130.51B67.57B
Other income (expenses), net
451.28B181.77B29.82B-13.49M
Income before tax
410.56B41.64B45.78B7.68B
Income tax expense
1.40B398.7M91.76B34.71B
Net income
409.15B41.24B41.32B32.84B
Earnings per share
Basic EPS
64.6915.686.535.19
Diluted EPS
64.6915.686.535.19
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