Results 11-Nov-23
Announcements
Life Insurance Corporation of India standalone net profit declines 50.32% in the September 2023 quarter
Sales decline 18.70% to Rs 107396.77 crore
Net profit of Life Insurance Corporation of India declined 50.32% to Rs 7925.02 crore in the quarter ended September 2023 as against Rs 15952.49 crore during the previous quarter ended September 2022. Sales declined 18.70% to Rs 107396.77 crore in the quarter ended September 2023 as against Rs 132104.14 crore during the previous quarter ended September 2022.
Particulars
Quarter Ended
Sep. 2023
Sep. 2022
% Var.
Sales
107396.77
132104.14
-19
OPM %
8.23
-52.03
-
PBDT
9089.95
21375.59
-57
PBT
9089.95
21375.59
-57
NP
7925.02
15952.49
-50
Previous News
Life Insurance Corporation of India fixes record date for final dividend
( Market Beat - Reports 27-May-24 19:40 )
Life Insurance Corporation of India to discuss results
( Corporate News - 31-Jan-24 17:06 )
Life Insurance Corporation of India announces resignation of Chief Risk Officer
( Corporate News - 26-Sep-24 17:47 )
LIC hits record high after Q3 PAT climbs 49% YoY to Rs 9,444 cr
( Hot Pursuit - 09-Feb-24 11:44 )
Life insurers’ new premium income up 15.15% at Rs 27,034 crore in May
( Insurance - 11-Jun-24 10:30 )
Life insurers’ new business premium growth in Dec 2023 at 43.75%, LIC registers almost double
( Insurance - 09-Jan-24 18:55 )
LIC pares stake in Hindalco
( Corporate News - 17-Jan-24 13:51 )
Life Insurance Corporation of India announces cessation of director
( Corporate News - 29-Sep-23 19:47 )
LIC hikes stake in Navin Flourine International
( Hot Pursuit - 10-Jan-24 10:28 )
LIC unveils its new whole life insurance policy ‘Jeevan Utsav’
( Insurance - 30-Nov-23 20:50 )
LIC reduces stake in Orissa Minerals Development Company
( Corporate News - 13-Jul-23 16:21 )
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