GIC Re Q2 Profit Up 16% to Rs 1,861 cr - News
GIC Re reported a 16% increase in net profit to Rs 1,861 crore in Q2 FY25, while gross premium declined year-on-year. Read more.
New Delhi, Nov 13 (PTI) GIC Re on Wednesday reported a 16 per cent growth in net profit at Rs 1,861 crore in the September 2024 quarter.
The insurance company posted a net profit of Rs 1,605 crore in the July-September period of last fiscal.
Gross premium, however, came in lower at Rs 8,413 crore during the September quarter of the current fiscal against Rs 10,762 crore a year ago, GIC Re said in a statement.
The insurance company posted a net profit of Rs 1,605 crore in the July-September period of last fiscal.
Gross premium, however, came in lower at Rs 8,413 crore during the September quarter of the current fiscal against Rs 10,762 crore a year ago, GIC Re said in a statement.
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