
Nifty Trader - V2R Ventures
February 7, 2025 at 12:56 PM
*LIC Q3 Results: Net Premium Income Down 9%, PAT Jumps 17% to Rs 11,056 Crore*
Life Insurance Corporation (LIC) saw a 9% drop in its net premium income, which fell to Rs 1,06,891 crore in Q3FY25 from Rs 1,17,017 crore a year ago.
However, the insurer reported a 17% rise in net profit, reaching Rs 11,056 crore, up from Rs 9,444 crore in Q3FY24. Total income decreased to Rs 2,01,994 crore from Rs 2,12,447 crore year-on-year.
⬇️⬇️⬇️
Visit now: https://surl.li/wnjygw
📉 Despite a decline in net premium income, do you think LIC's 17% rise in PAT signals a strong financial strategy?
👍 Yes
👎 No
👍
1