LIC Q3 Results: Public Sector Insurance Company Life Insurance Corporation of India (LIC) has released its result for the third quarter of the current financial year 2024-25. The company’s net profit has increased by 17 percent to Rs 11,056 crore in the third quarter. The company’s profit in the third quarter (October-December) of the last financial year 2023-24 was Rs 9,444 crore. LIC said in the information to the stock market that its net premium income was reduced to Rs 1,06,891 crore during the quarter, which was Rs 1,17,017 crore in the same period of the last financial year. The total income also fell from Rs 2,12,447 crore to Rs 2,01,994 crore in October-December 2024.
Share closed with a decline
LIC shares closed down on Friday, the last trading day of the week. The stock closed at Rs 815.95 with a decline of 1.56 per cent or Rs 12.90 on BSE. The 52 week high of this stock is Rs 1221.50. At the same time, take 52 weeks is 804.60 rupees. The company’s market cap closed at Rs 5,16,088.19 crore on BSE today.
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