lic q3fy24 earnings: LIC Q3 Results: Profit zooms 49% YoY to Rs 9,444 cr; dividend declared at Rs 4/share

State-owned Life Insurance Corp (LIC) on Thursday reported a standalone net profit of Rs 9,444 crore for the quarter ended December 2023. The profit was up 49% from Rs 6,334 crore posted in the last year quarter.

The net premium income for the third quarter rose 5% year-on-year to Rs 1.17 lakh crore, compared with Rs 1.11 lakh crore in the corresponding quarter of the previous year.

The Board has also declared an interim dividend of Rs 4 per share for the financial year 2023-24. Further, the record date for the same is fixed on February 21.

The said interim dividend will be paid within 30 days from the date of declaration.More to come…..

(You can now subscribe to our ETMarkets WhatsApp channel)

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price