
LIC shares rise 4% as Q4 profit jumps over five-fold
The country’s largest life insurer posted 447% growth in consolidated net profit at ₹13,191 crore as compared to ₹2,409 crore in the same quarter of last year.
The country’s largest life insurer posted 447% growth in consolidated net profit at ₹13,191 crore as compared to ₹2,409 crore in the same quarter of last year.
During the March quarter, net premium income increased to ₹1,43,745.92 crore, compared with ₹1,21,626.06 crore.