LIC Q1 profit rises 10 pc to Rs 10,461 cr; company mulls buying majority stakes in health insurer
Admin
Aug 14, 2024 10:58
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Life Insurance Corporation of India (LIC) on Thursday reported a 10 per cent rise in its net profit to Rs 10,461 crore in the June 2024 quarter.
The state-owned life insurance behemoth had a net profit of Rs 9,544 crore in the year-ago period.
The total income increased to Rs 2,10,910 crore during the latest June quarter as against Rs 1,88,749 crore in the year-ago period, LIC said in a regulatory filing.
