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40 global reinsurance
groups by S&P Global Ratings

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P & L Account

P & L Account

P&L Account for the year ended 31st March, 2018
  Particular Schedule Current Year Previous Year
      (` '000) (` '000)
1. Operating Profit/-Loss      
  (a) Fire Insurance  
-5394182
-11708155
  (b) Marine Insurance  
4004048
3509634
  (c) Miscellaneous Insurance  
-6982535
33205937
  (d) Life Insurance  
286963
-795322
2. Income from Investments      
  (a) Interest, Dividend & Rent - Gross  
9070466
10562913
  (b) Profit on sale of Investments  
6598301
7123783
  Less: Loss of sale of Investment   0 0
3. Other Income:      
  Forex Gain/( Loss)   1195815 845697
  Profit on sale of Assets (Net)   0 0
  Sundry Balances Written Back (Net)   0 0
  Interest on Income-tax Refund  
0
0
  (Provision) / Doubtful Debts written back   0 0
  Motor Pool Service Charges   0 0
  Miscellaneous Receipts  
19046
68589
  Total (A)  
8797922
42813076
4. Provision for Doubtful Loans & Investment  
8589428
4797004
5 Amortisation of premium on Investments  
1317127
1017935
6 Diminution in the value of investments written off  
315009
304671
7 Provision/(written off) for Doubtful Debts  
2256234
1618482
8 Other Expenses :      
  Expenses relating to Investments  
0
0
  Forex Loss/(Gain)  
0
0
  (Profit)/Loss on sale of Assets (Net)  
3547
199
  Sundry Balances Written off (Net)   0 0
  Interest & Others  
120
83652
  Corporate Social Responsibility Expensess  
776168
652899
 
IPO Expenses
 
0
0
  Total (B)  
13257633
8474842
  Profit Before Tax  
-4459711
34338234
  Provision for Taxation :      
  Current Tax  
110001
12025900
  Wealth Tax   0 0
  MAT Credit  
0
0
  Deferred Tax  
-182311
118471
  Fringe Benefit Tax  
0
0
  Provision for Tax in respect of earlier years  
-796487
-2,24,937
  MAT Credit of earlier year  
0
-49196
  Profit After Tax  
-3590914
22243059
  Appropriations      
  (a) Balance brought forward from last year  
40303305
32336730
  (b) Interim dividend  
0
0
  (c) Final dividend  
11842200
11842200
  (d) Dividend distribution tax  
2434283
2434283
  (e) Transfer to General Reserve  
0
0
  Balance carried forward to Balance Sheet  
22435908
40303305
  Basic and Diluted EPS  
-2.05
12.68

 

Ranked 11th Among the top
40 global reinsurance
groups by S&P Ranking