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)