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Life Insurance of India (BOM:543526) Gross-Profit-to-Asset % : 17.37% (As of Dec. 2023)


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What is Life Insurance of India Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Life Insurance of India's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹8,555,046 Mil. Life Insurance of India's average Total Assets over the quarter that ended in Dec. 2023 was ₹49,244,956 Mil. Therefore, Life Insurance of India's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 17.37%.


Life Insurance of India Gross-Profit-to-Asset % Historical Data

The historical data trend for Life Insurance of India's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Life Insurance of India Gross-Profit-to-Asset % Chart

Life Insurance of India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
16.47 18.04 18.73 18.11 18.04

Life Insurance of India Quarterly Data
Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.13 18.44 16.82 16.50 17.37

Competitive Comparison of Life Insurance of India's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, Life Insurance of India's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Life Insurance of India's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Life Insurance of India's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Life Insurance of India's Gross-Profit-to-Asset % falls into.



Life Insurance of India Gross-Profit-to-Asset % Calculation

Life Insurance of India's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=7968753.97/( (42540589.339+45784913.543)/ 2 )
=7968753.97/44162751.441
=18.04 %

Life Insurance of India's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=8555045.516/( (49244955.558+0)/ 1 )
=8555045.516/49244955.558
=17.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Life Insurance of India Gross-Profit-to-Asset % Related Terms

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Life Insurance of India (BOM:543526) Business Description

Traded in Other Exchanges
Address
Jeevan Bima Marg, Central Office, Yogakshema, Nariman Point, Mumbai, MH, IND, 400021
Life Insurance Corporation of India is engaged in providing life insurance in India. The company offers diversified product portfolio covering various segments across individual products and approximately 178 group products.

Life Insurance of India (BOM:543526) Headlines

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