LIC Q1 Results:

According to the data received from the company, LIC made a profit of Rs 682.89 crore in the June quarter.

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Life Insurance Corporation of India's profit was Rs 2.94 crore in the same quarter (April-June 2022) a year ago.

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The company's total income in Q1 stood at Rs 1.68 lakh crore. This figure was 1.54 lakh crore a year ago.

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It had made a profit of Rs 2,371 crore in the March quarter. LIC's performance was not good as compared to the March quarter.

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LIC got this profit on an annual basis. But the profits of the insurance company have declined on a quarterly basis.

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LIC's total income for this quarter was Rs 1,68,881 crore. It stood at Rs 1,54,153 crore in the first quarter of the last financial year.

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If we look at the net profit of LIC on a quarterly basis, its net profit in the March quarter was Rs 2,371 crore.

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LIC's net premium income has also increased. It rose to Rs 98,805.25 crore in the first quarter of this financial year.

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LIC's net premium income was Rs 82,375.61 crore in the same period a year ago.

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LIC's stock recorded a fall on Friday. LIC's stock price fell 0.04 percent to close at 682.35 paise on NSE.

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LIC share details: Mkt cap: 4.31LCr P/E ratio: 104.65 Div yield: 0.22% 52-wk high: 918.95 52-wk low: 650.00

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