{"id":185,"date":"2019-07-23T07:56:55","date_gmt":"2019-07-23T07:56:55","guid":{"rendered":"http:\/\/localhost\/yearbook\/?page_id=185"},"modified":"2026-02-24T09:17:00","modified_gmt":"2026-02-24T09:17:00","slug":"profit-after-tax","status":"publish","type":"page","link":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/?page_id=185","title":{"rendered":"3.13 &#8211; Profits before Tax (after accounting investment income of shareholders)"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Profit Before Tax<\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>The Non-Life Insurance Industry has generated an operating profit for the financial year 2024-25 amounting to \u20b916,794 Crores as compared to \u20b914,107 Crores last year, after allocation of investment income pertaining to policyholders and contribution from shareholders to meet EoM obligations. The investment income of the shareholders is \u20b99,470 Crores in financial year 2024-25 as compared to \u20b98,678 Crores in the previous financial year. After taking it into account other income \/ outgo amounting to \u20b91,324 Crores, the profit before tax of the Non-Life Insurance Industry works out to \u20b916,794 Crores in the current financial year as compared to \u20b914,107 Crores in the previous year.<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #f6a192;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 3.13.1<\/span>Operating Profits - Non Life Insurance Industry<\/h3><div id=\"Chart_256\"><\/div><script type=\"text\/javascript\">\n                     jQuery(document).ready(function () {\n                         multiple_column_multiple_line(\"Chart_256\",{\"data\":{\"Investment Income\":{\"2015-16\":19123,\"2016-17\":21433,\"2017-18\":20499,\"2018-19\":26288,\"2019-20\":28363,\"2020-21\":29583,\"2021-22\":32268,\"2022-23\":38436,\"2023-24\":43920,\"2024-25\":48181}},\"dataLine\":{\"Pure underwriting losses\":{\"2015-16\":-15164,\"2016-17\":-21077,\"2017-18\":-16013,\"2018-19\":-24010,\"2019-20\":-23114,\"2020-21\":-19441,\"2021-22\":-31948,\"2022-23\":-33154,\"2023-24\":-28563,\"2024-25\":-30288},\"Operating Profits\":{\"2015-16\":-996,\"2016-17\":-4755,\"2017-18\":3973,\"2018-19\":-3557,\"2019-20\":21,\"2020-21\":10242,\"2021-22\":320,\"2022-23\":5282,\"2023-24\":14107,\"2024-25\":16794}},\"Title\":\"Operating Profits - Non Life Insurance Industry\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 In Crores\",\"zTitle\":\"\",\"yAxisData\":{\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\",\"2021-22\":\"2021-22\",\"2022-23\":\"2022-23\",\"2023-24\":\"2023-24\",\"2024-25\":\"2024-25\"},\"zAxisData\":{\"2015-16\":0,\"2016-17\":0,\"2017-18\":0,\"2018-19\":0,\"2019-20\":0,\"2020-21\":0,\"2021-22\":0,\"2022-23\":0,\"2023-24\":0,\"2024-25\":0},\"colorLine\":[\"#643E0C\",\"#956D33\",\" #C98900\"],\"colorCodes\":[\"#C98900\"]});\n                     });\n                 <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\"> <em><strong>Source<\/strong>: Council Compilation<\/em> <em>as per source <\/em><br><em>data submitted by companies<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><\/p><cite><br><br><\/cite><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">Profit After Tax<\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>PAT for the financial year 2024-25 is \u20b913,155 Crores as compared to \u20b910,664 Crores in the previous year. PAT shows wide variation in the ten year period 2015-16 to 2024-25 reflecting tough market conditions.<\/p>\n\n\n<h3 class=\"section-title\" style=\"font-size: 17px;\"><span style=\"background: #f6a192;border-radius: 8px;color: #fff;padding: 5px;font-size: 14px; margin-right: 10px;\"> Chart 3.13.2<\/span>Net Profits - Non Life Insurance Industry<\/h3><div id=\"Chart_257\"><\/div><script type=\"text\/javascript\">\n                     jQuery(document).ready(function () {\n                         multiple_column_multiple_line_1(\"Chart_257\",{\"data\":{\"Operating Profits\":{\"2015-16\":-996,\"2016-17\":-4755,\"2017-18\":3973,\"2018-19\":-3557,\"2019-20\":21,\"2020-21\":3862,\"2021-22\":-2808,\"2022-23\":8619,\"2023-24\":5870,\"2024-25\":10411}},\"dataLine\":{\"Investment income - Shareholders\":{\"2015-16\":4954,\"2016-17\":5111,\"2017-18\":5513,\"2018-19\":5835,\"2019-20\":5629,\"2020-21\":5646,\"2021-22\":5646,\"2022-23\":7276,\"2023-24\":7800,\"2024-25\":9046},\"Profit after tax\":{\"2015-16\":3240,\"2016-17\":792,\"2017-18\":6909,\"2018-19\":683,\"2019-20\":-1403,\"2020-21\":3869,\"2021-22\":3869,\"2022-23\":-1949,\"2023-24\":10664,\"2024-25\":13155}},\"Title\":\"Net Profits - Non Life Insurance Industry\",\"xTitle\":\"Year\",\"yTitle\":\"\\u20b9 In Crores\",\"zTitle\":\"\",\"yAxisData\":{\"2015-16\":\"2015-16\",\"2016-17\":\"2016-17\",\"2017-18\":\"2017-18\",\"2018-19\":\"2018-19\",\"2019-20\":\"2019-20\",\"2020-21\":\"2020-21\",\"2021-22\":\"2021-22\",\"2022-23\":\"2022-23\",\"2023-24\":\"2023-24\",\"2024-25\":\"2024-25\"},\"zAxisData\":{\"2015-16\":0,\"2016-17\":0,\"2017-18\":0,\"2018-19\":0,\"2019-20\":0,\"2020-21\":0,\"2021-22\":0,\"2022-23\":0,\"2023-24\":0,\"2024-25\":0},\"colorLine\":[\"#956D33\",\" #643E0C\"],\"colorCodes\":[\"#cf8900\"]});\n                     });\n                 <\/script>\n\n\n\n<p class=\"has-text-align-right has-small-font-size\">  <em><strong>Source<\/strong>: Council Compilation<\/em> <em>as per source <\/em><br><em>data submitted by companies<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Profit Before Tax The Non-Life Insurance Industry has generated an operating profit for the financial year 2024-25 amounting to \u20b916,794 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":529,"menu_order":13,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":[],"_links":{"self":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/185"}],"collection":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=185"}],"version-history":[{"count":46,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/185\/revisions"}],"predecessor-version":[{"id":4695,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/185\/revisions\/4695"}],"up":[{"embeddable":true,"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=\/wp\/v2\/pages\/529"}],"wp:attachment":[{"href":"https:\/\/www.gicouncil.in\/yearbook\/2024-25\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}