LIC Q4 profit rises 2% to ₹13,762 cr; govt to get ₹3,662 cr dividend
LIC will give a dividend of ₹3,662 crore to the government, its largest shareholder.
LIC will give a dividend of ₹3,662 crore to the government, its largest shareholder.
The country’s largest life insurer posted 447% growth in consolidated net profit at ₹13,191 crore as compared to ₹2,409 crore in the same quarter of last year.
During the March quarter, net premium income increased to ₹1,43,745.92 crore, compared with ₹1,21,626.06 crore.