LIC Q3 results: Profit zooms multifold to ₹8,334 cr, net premium income up 14.5%2 min read . Updated: 09 Feb 2023, 07:16 PM IST
- LIC Q3 results: The net income from investments jumped 11% YoY to ₹84,889 crore from ₹76,574 crore in the year-ago period.
Insurance behemoth Life Insurance Corporation of India (LIC) has released its financial results for the December quarter (Q3FY23) on Thursday. According to the insurer, its consolidated net profit rose sharply to ₹8,334 crore in the third quarter, as premium income improved and it moved ₹5,670 crore to its shareholders' fund to shore up its net worth.
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