scorecardresearchLIC net profit jumps to ₹683 crore on record policy sales

LIC net profit jumps to 683 crore on record policy sales

Updated: 13 Aug 2022, 10:23 AM IST
TL;DR.
LIC's profit rose manifold despite lower margins, which the management attributed to changed product mix and booking less than 50 per cent of the profit from equity which plunged to 5,076 crore from 11,368 crore in June 2021.
Mumbai, May 17 (ANI): Life Insurance Corporation of India (LIC) Chairman M R Kumar during the listing ceremony of LIC, at Bombay Stock Exchange (BSE), in Mumbai on Tuesday. (ANI Photo)

Mumbai, May 17 (ANI): Life Insurance Corporation of India (LIC) Chairman M R Kumar during the listing ceremony of LIC, at Bombay Stock Exchange (BSE), in Mumbai on Tuesday. (ANI Photo)