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Written by • November 8, 2024• 11:17 am• Manufacturing Trends

LIC Q2 Results: Net profit falls 4% to ₹7,621 crore, net premium income up 11% YoY; asset quality stable

HomeManufacturing TrendsLIC Q2 Results: Net profit falls 4% to ₹7,621 crore, net premium income up 11% YoY; asset quality stable

LIC Q2 Results: Life Insurance Corporation of India (LIC), the country’s biggest insurer, posted a nearly four per cent fall in net profit to ₹7,621 crore during the July-September quarter of fiscal 2024-25 (Q2FY25), as it paid out more benefits than the premiums it earned.

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