LIC H1 revenue after tax rises to Rs 1,437 cr
1 min readLife Insurance Corporation of India (LIC) on Tuesday reported a revenue after tax (PAT) of Rs 1,437 crore for the primary half of ongoing fiscal in opposition to Rs 6.14 crore within the year-ago interval.
The IPO-bound insurer mentioned new enterprise premium progress fee stood at 554.1 per cent in H1FY22, in opposition to 394.76 per cent throughout the corresponding interval of FY21. Its general whole internet premiums rose Rs 1,679 crore to Rs 1.86 lakh crore in April-September 2021, from Rs 1.84 lakh crore within the year-ago interval.
LIC posted a bounce of Rs 17,404 crore in general premiums and earnings from investments was Rs 3.35 lakh crore in H1FY22.
(With PTI inputs)
