Life Insurance Corporation of India (LIC)’s Q3 reported a standalone net profit of Rs 6,334.2 crore in Q3FY23, up 27x y-o-y. This is a result of the transfer of Rs 5,670 crore from the non-par segment to shareholders’s accounts (related to accretion on available solvency margin). For 9MFY23, PAT grew 13.7x y-o-y to Rs 22,970 […]
