LIC Q2 FY25 Results: Net profit declines 3.8% to Rs 7,621 crore

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LIC Insurance Corporation of India (LICI) Q2 FY25 Results: State-run Life Insurance Corporations (LIC) connected Friday reported a nett net of Rs 7,621 crore for the 4th ended September 30, marking a diminution of 3.8 per cent compared with the corresponding play a twelvemonth ago.

The beingness insurer PSU's nett premium income accrued to Rs 1.20 lakh crore for the fiscal 2nd 4th of the existent fiscal twelvemonth from Rs 1.07 lakh crore for the year-ago period, according to a regulatory filing.

LIC's solvency ratio improved to 1.98 per cent from 1.90 per cent a twelvemonth ago.

(This communicative volition beryllium updated shortly)

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