Earnings Impact: LIC shares jump 3% after Q1 net profit rises 9% YoY
Shares of India’s largest insurance provider, Life Insurance Corporation (LIC), surged 3% to a day’s high of Rs 1,159.60 on the BSE after reporting a net profit of Rs 10,544 crore for the first quarter ended June 2024. The Q1 PAT advanced 9% compared to Rs 9,635 crore reported in the same quarter last year. … Read more
