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rank-15Ranked 15thLargest Global Reinsurer Group(compiled by A M Best)

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P & L Account

P & L Account

P&L Account for the year ended 31st March, 2020
Particular Schedule Current Year Previous Year
(` '000) (` '000)
1. Operating Profit/-Loss
(a) Fire Insurance
4788 292
(5394 182)
(b) Marine Insurance
(2431 144)
4004 048
(c) Miscellaneous Insurance
12249 494
(6982 535)
(d) Life Insurance
(1249 129)
286 963
2. Income from Investments
(a) Interest, Dividend & Rent - Gross
10534 985
9070 466
(b) Profit on sale of Investments
9431 592
6598 301
Less: Loss of sale of Investment 0 0
3. Other Income:
Forex Gain/( Loss) 0 1195 815
Profit on sale of Assets (Net) 262 0
Sundry Balances Written Back (Net) 0 0
Interest on Income-tax Refund
(22 488)
0
(Provision) / Doubtful Debts written back 0 0
Motor Pool Service Charges 0 0
Miscellaneous Receipts
22 684
19 046
Total (A)
33324 548
8797 922
4. Provision for Doubtful Loans & Investment
3509 240
8589 428
5. Provision/(written off) for Doubtful Debts
(3683 288)
1317 127
6 Amortisation of premium on Investments
349 484
315 009
7 Diminution in the value of investments written off
340 251
2256 234
8 Other Expenses :
Expenses relating to Investments
0
0
Forex Loss/(Gain)
623 047
0
(Profit)/Loss on sale of Assets (Net)
0
3 547
Sundry Balances Written off (Net) 4 0
Interest & Others
7 988
1 090
Corporate Social Responsibility Expensess
544 000
775 198
Total (B)
1690 726
13257 633
Profit/(Loss) Before Tax
31633 822
(4459 711)
Provision for Taxation :
Current Tax
12518 300
110 001
Wealth Tax 0 0
MAT Credit
0
0
Deferred Tax
29 176
(182 311)
Fringe Benefit Tax
0
0
Provision for Tax in respect of earlier years
(118 035)
(796 487)
MAT Credit of earlier year
0
0
Profit/ (Loss) After Tax
19204 381
(3590 914)
Appropriations
(a) Balance brought forward from last year
22435 908
40303 305
(b) Interim dividend
0
0
(c) Final dividend
0
11842 200
(d) Dividend distribution tax
0
2434 283
(e) Transfer to General Reserve
0
0
Balance carried forward to Balance Sheet
41640 289
22435 908
Basic and Diluted EPS
10.95
(2.05)
 

Ranked 15thLargest Global Reinsurer Group(compiled by A M Best)