Last Updated:
LIC Q2 Results: Its net premium income increases 11% to Rs 1.19 lakh crore, compared with Rs 1.07 lakh crore in the year-ago period.
LIC Q2 Results.
State-owned Life Insurance Corporation (LIC) on Friday reported a 4 per cent drop in its standalone net profit to Rs 7,621 crore for the second quarter ended September 2024. Its net premium income during July-September 2024 increased 11 per cent year-on-year (YoY) to Rs 1.19 lakh crore, compared with Rs 1.07 lakh crore in the year-ago period.
LIC’s net profit had stood at Rs 7,925 crore in the corresponding period last year, according to the latest regulatory filing.
(The story will be updated)