The total income also came down to Rs 2,01,994 crore in the latest December quarter compared to Rs 2,12,447 crore in the year-ago period
LIC Office. File pic
State-owned insurer LIC on Friday reported a 17 per cent jump in net profit at Rs 11,056 crore in the third quarter ended December 2024.
ADVERTISEMENT
The country's biggest insurer, Life Insurance Corporation (LIC), had earned a net profit of Rs 9,444 crore in the year-ago period.
However, the net premium income of the insurer moderated to Rs 1,06,891 crore in the third quarter of the current fiscal from Rs 1,17,017 crore in the same period a year ago, LIC said in a regulatory filing.
The total income also came down to Rs 2,01,994 crore in the latest December quarter compared to Rs 2,12,447 crore in the year-ago period.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
