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 handover Rs 3,662 crore Dividend cheque to Government
( Insurance - 30-Aug-24 09:17 )
LIC pays 27.61% as commission from first year premium to agents
( Insurance - 29-Dec-23 11:18 )
LIC pares stake in BHEL
( Hot Pursuit - 29-Dec-23 15:10 )
LIC raises stake in Dr Reddy's Lab
( Hot Pursuit - 14-Jun-24 11:59 )
Life Insurance Corporation raises stake in IDFC First Bank to 2.68%
( Insurance - 04-Jun-24 17:00 )
LIC reduces stake in Tata Motors
( Hot Pursuit - 19-Dec-23 12:48 )
LIC hike stake in Mahanagar Gas
( Corporate News - 13-Sep-23 17:43 )
LIC unveils its new whole life insurance policy ‘Jeevan Utsav’
( Insurance - 30-Nov-23 20:50 )
LIC increases stake held in Container Corporation of India
( Corporate News - 26-Sep-23 16:02 )
LIC hikes stake in Bank of Baroda
( Corporate News - 21-Nov-23 18:30 )
LIC pares stake held in Sun Pharma
( Corporate News - 14-Sep-23 15:04 )
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