Insurance behemoth LIC on Wednesday posted a more than five-fold jump in consolidated net profit to Rs 13,191 crore for the fourth quarter ended March 2023.
The insurer had earned a profit of Rs 2,409 crore in the same quarter a year earlier.
However, the total income of the insurer during the March quarter declined to Rs 2,01,022 crore from Rs 2,15,487 crore in the same period of the previous fiscal, LIC said in a regulatory filing.
This story is from the May 25, 2023 edition of The Free Press Journal.
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This story is from the May 25, 2023 edition of The Free Press Journal.
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