NEW DELHI: State-owned insurer LIC on Friday reported net profit of Rs 7,621 crore for the quarter ended September 30, on lower other income.
The country's biggest insurer had reported a net profit of Rs 7,925 crore in the year-ago period, LIC said in a regulatory filing.
Its net premium income eased to Rs 1,19,901 crore in the second quarter of the current fiscal, from Rs 1,07,397 crore in the same period a year ago.
LIC reported other income of Rs 145 crore against Rs 248 crore in the same quarter in the previous year.
The total income of the insurer rose to Rs 2,29,620 crore in the latest September quarter, compared to Rs 2,01,587 crore in the year-ago period, it said.
Total expenses rose to Rs 2,22,366 crore in the quarter against Rs 1,94,335 crore in the same period a year ago.
Bu hikaye Millennium Post Delhi dergisinin November 09, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Millennium Post Delhi dergisinin November 09, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
TOP 5 INDIAN SERIES YOU SHOULDN'T MISS
LOOKING BACK AT 2024
SENSE AND SENSIBILITY
There's a whole tribe out there who refuses to subscribe to resolutions
Sharad calls Sanjay Leela Bhansali a 'demanding director'
Filmmaker Sanjay Leela Bhansali is known for his attention to detail and fiery on-set personality. Sharad Kelkar, who played a negative role in Bhansali's 'Goliyon Ki Rasleela: Ram-Leela,' opened up about his experience of working with the director.
Shruti reflects on parents Kamal Haasan and Sarika's 'painful' divorce
When my parents split up, everything changed. That's when I realised the value of financial independence,' she says
Blake claims Justin's smear campaign gets support in publicist's suit
The lawsuit was lodged in Manhattan by Stephanie Jones
Indian star fined 20% match fees, one demerit point
KOHLI, KONSTAS FACE OFF AT MCG
Bumrah keeps battle alive; Aus score 311/6 after Konstas debut
JADEJA LEAKED RUNS DESPITE GETTING KONSTAS OUT
D-Street small stocks steal the show in 2024, giving handsome returns to investors
Market experts are optimistic about midcap & smallcap stocks for next year, driven by factors like strong domestic consumption & govt infra spending
Depreciation of rupee likely to push import bill by $15 billion, says GTRI
Compared to December last year, Rupee has depreciated 2.34% against dollar, moving from Rs 83.25 to Rs 85.20,
Sri Lanka seeks to boost foreign investments in its stocks market as debt worries fade
Colombo Stock Exchange plans to hold a conference in the national capital on March 27-28 to attract overseas investors
