LIC Q4: LIC Q4 net profit up 2.5%, declares Rs 6/share dividend

Mumbai: Life Insurance Corp. of India (LIC), the country’s biggest insurer, reported a 2.5% increase in net profit to ₹13,762 crore for the March quarter, with wage increases accounted for in the period preventing further expansion in the bottom line. The insurer reported profit of ₹13,421 crore in the same period last year. The solvency … Read more