INSURANCE GROUP LIMITED The company posted a profit after tax of 94.44 billion Indian rupees ($1.14 billion) for the quarter ended Dec. 31, up from 63.34 billion rupees a year ago.
($1 = 82.9610 Indian rupees)
(Reporting by Nishit Navin in Bengaluru)
India's LIC posts Q3 profit rise on transfer of money to shareholders' fund
February 08, 2024 at 07:22 am EST
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BENGALURU (Reuters) - Life Insurance Corporation of India reported a near 50% rise in third-quarter profit on Thursday, as it moved more money to a shareholders' fund to shore up its bottom line.
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