LIC's net profit jumped 49% to Rs 9,444 crore in Q2 FY24, driven by increased premium income. Read more about LIC's financial performance.
New Delhi, Feb 8 (PTI) State-owned insurer LIC on Thursday reported a 49 per cent jump in net profit at Rs 9,444 crore for the third quarter ended December 2023.
The country's biggest insurer had a net profit of Rs 6,334 crore in the year-ago period, according to a regulatory filing.
Its net premium income rose to Rs 1,17,017 crore in the third quarter of the current fiscal from Rs 1,11,788 crore in the same period a year ago.
LIC's total income increased to Rs 2,12,447 crore in the latest December quarter compared to Rs 1,96,891 crore in the year-ago period.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback