Results 11-Nov-23
Announcements
Life Insurance Corporation of India consolidated net profit declines 49.35% in the September 2023 quarter
Sales decline 18.66% to Rs 107876.80 crore
Net profit of Life Insurance Corporation of India declined 49.35% to Rs 8030.28 crore in the quarter ended September 2023 as against Rs 15854.35 crore during the previous quarter ended September 2022. Sales declined 18.66% to Rs 107876.80 crore in the quarter ended September 2023 as against Rs 132631.72 crore during the previous quarter ended September 2022.
Particulars
Quarter Ended
Â
Sep. 2023
Sep. 2022
% Var.
Sales
107876.80
132631.72
-19
OPM %
7.86
11.10
-
PBDT
8763.05
20772.46
-58
PBT
8763.05
20772.46
-58
NP
8030.28
15854.35
-49
Previous News
Life Insurance Corporation pares stake held in Hindustan Copper
( Corporate News - 19-Aug-24 13:59 )
Life Insurance Corporation of India reduces stake in Mahanagar Gas Ltd.
( Corporate News - 27-Sep-24 16:19 )
Life Insurance corporation sells 2.09% stake in Hindustan Copper for Rs 447 crore
( Insurance - 19-Aug-24 19:22 )
Life Insurers new premium income up 14.2% to Rs 31,822 crore in July
( Insurance - 13-Aug-24 14:20 )
LIC pares stake in BHEL
( Hot Pursuit - 29-Dec-23 15:10 )
LIC pares stake in Hindustan Copper
( Hot Pursuit - 19-Aug-24 14:41 )
LIC pares stake in HDFC AMC
( Hot Pursuit - 31-Aug-24 17:04 )
Infosys undertakes project of LIC's significant digital transformation
( Corporate News - 16-Sep-24 10:52 )
Life insurers’ premium income rose 22% to Rs 32,644 crore in August
( Insurance - 09-Sep-24 16:12 )
Stock alert: LIC, NTPC, Divis Labs, United Spirits, Indian Oil Corp
( Market Commentary - Stock Alert 27-May-24 08:38 )
Indices rally for 3rd day; auto shares jump
( Market Commentary - Quick Review 14-Jun-24 15:46 )
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