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Below are the financial statements of New India Assurance, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of New India Assurance, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2025 as of 2025-03-31 | 2024 as of 2024-03-31 |
|---|---|---|
| Sources of funds | — | — |
| Share capital | 8.24a | 8.24a |
| Reserves and surplus | 219.32a | 210.2a |
| Fair value change account | 0a | 0a |
| Shareholders' funds | 62.39a | 64.52a |
| Policyholders' funds | 151.88a | 171.43a |
| Borrowings | 0a | 0a |
| Minority interest | 0.47a | 0.5a |
| Application of funds | — | — |
| Investments - shareholders | 247.82a | 250.41a |
| Investments - policyholders | 561.61a | 570.29a |
| Loans | 3.87a | 3.77a |
| Fixed assets | 5.38a | 4.91a |
| Deferred tax assets (net) | 2.71a | 2.99a |
| Current assets | — | — |
| Cash and bank balances | 177.11a | 143.2a |
| Advances and other assets | 99.22a | 98.9a |
| Sub total (A) | 276.32a | 242.1a |
| Deferred tax liability (net) | 0a | 0a |
| Current liabilities | 479.66a | 452.32a |
| Provisions | 175.75a | 167.26a |
| Sub total (B) | 655.4a | 619.58a |
| Net current assets (C) = (A - B) | -379.08a | -377.47a |
| Miscellaneous expenditure (to the extent not written off or adjusted) | 0a | 0a |
| Total | 442.3a | 454.89a |
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