LIC’s Q2 profit halves from ₹15,952 cr to ₹7925 cr; here’s what happened

LIC’s Q2 profit halves from ₹15,952 cr to ₹7925 cr; here’s what happened

New Delhi: The second-quarter profit of India’s public-sector and largest insurer, Life Insurance Corporation, has halved. The insurance giant’s profit for the quarter ending September 30 was ₹7925 crore. In the same period a year ago, the firm’s profit was ₹15,952 crore, LIC said in its regulatory filing. Life Insurance Corporation (Representational) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} …

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