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LIC net profit soars to Rs 15,952 crore in September quarter

Sat 12 Nov 2022, 12:41:39

Mumbai: State-owned insurer LIC on Friday reported a multi-fold jump in net profit to Rs 15,952 crore in the September quarter, boosted by profits from its investments.

The insurer had a net profit of Rs 1,434 crore in the year-ago

period, according to a regulatory filing.

Its total premium income rose to Rs 1,32,631.72 crore in the second quarter of the current fiscal from Rs 1,04,913.92 crore in the same period a year ago.

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