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₹64 cr on pandemic additional provision

India city Mumbai 2020 pandemic
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₹7,400 crore of investment income -- gains from the market--as against a loss of ₹18,000 crore in January-March 2020 due to the pandemic, has helped it cushion the hit Mumbai: Despite reporting a good set of overall numbers, an accelerated provisioning of ₹200 crore for the pandemic has crimped net profit of ICICI Prudential Life by 64.2 per cent to ₹64 crore in the January-March quarter.

However, a ₹7,400 crore of investment income -- gains from the market--as against a loss of ₹18,000 crore in January-March 2020 due to the pandemic, has helped it cushion the hit.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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