FORM NL-2-B-PL
Registration No.  and Date of  Registration with the IRDA
Date of  Registration with the IRDA : 2nd April, 2001
PROFIT AND LOSS ACCOUNT FOR THE QUARTER ENDED 30.06.2010
	Particulars	Schedule	FOR THE QUARTER ENDED 30.06.2010	For the corresponding quarter of the preceeding year 30.06.2009
			(Rs. IN 000)	(Rs. IN 000)
1	OPERATING PROFIT/(LOSS)
	(a) Fire Insurance		2901 946	841 941
	(b) Marine Insurance		-116 884	18 056
	(c) Miscellaneous Insurance		596 434	-941 501
	(d) Life Insurance		21 438	8 621
2	INCOME FROM INVESTMENTS
	(a) Interest, Dividend & Rent – Gross		1279 180	1072 598
	(b) Profit on sale of investments		171 155	514 475
	Less: Loss on sale of investments
3	OTHER INCOME
	Profit on Exchange		320 474	0
	Profit on sale of Assets (Net)		63	93
	Interest on Income-tax Refund		458 658	0
	Motor Pool Service Charges		28 853	-3 562
	Miscellaneous Receipts		3 270	2 679
	TOTAL (A)		5664 587	1513 400
4	Provision for Doubtful Loans, Investment & Debts		12 212	0
5.	Amortisation of premium on Investments		57 827	824
6.	Diminution in the value of investments written off		12 393	0
7.	Other Expenses :
	Expenses relating to Investments		7	1 900
	Loss on Exchange		0	278 407
	TOTAL (B)		82 439	281 131
	Profit Before Tax		5582 148	1232 269
	Provision for Taxation
	Current Tax		1644 200	281 205
	Wealth Tax		0	0
	Deferred Tax		0	0
	Fringe Benefit Tax		0	2 100
	Provision for Tax in respect of earlier years		21 154	0
	Profit after Tax		3916 794	948 964
	Balance brought forward from last year		610	71
	Profit available for appropriation		3917 404	949 035
	APPROPRIATIONS
	(a) Proposed  dividend		0	0
	(b) Dividend distribution tax		0	0
	(c) Transfer to General Reserve		0	945 000
	(d) Balance carried forward to Balance Sheet		3917 404	870