LIC Q2 net profit falls 50% to Rs 7,925 crore
India Business News: NEW DELHI: State-owned insurer LIC on Friday reported a 50 per cent fall in net profit at Rs 7,925 crore for the quarter ended September 30, on lower .
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India Business News: NEW DELHI: State-owned insurer LIC on Friday reported a 50 per cent fall in net profit at Rs 7,925 crore for the quarter ended September 30, on lower .
The state-run life insurance behemoth, which went public recently, had a net profit of Rs 2.94 crore in the year-ago period.
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The profit for the first nine months of FY22, April-December 2021, climbed to Rs 1,642.78 crore from Rs 7.08 crore in the corresponding period a year earlier.
LIC on Tuesday reported a profit after tax of Rs 1,437 crore for the first half of the financial year 2021-22