LIC Q2 Results: Net Profit Falls 4% YoY to Rs 7,621 Crore, Premium Income Up 11%

LIC Q2 Results: Net Profit Falls 4% YoY to Rs 7,621 Crore, Premium Income Up 11%

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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)

News business LIC Q2 Results: Net Profit Falls 4% YoY to Rs 7,621 Crore, Premium Income Up 11%
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