Key Points
MUMBAI - Life Insurance Corporation of India (LIC) on Friday reported an over 50% year-on-year (YoY) fall in net profit for the quarter ended September 2023 to Rs 7,925 crore...
Net commission for the quarter stood at Rs 6,077 crore, compared with Rs 5,808 crore a year ago..
The gross non-performing assets ratio as of September 30 was 2.43%, compared with 5.60% a year ago, and 2.48% a quarter ago...
The 13th month persistency ratio stood at 71.19%, compared with 70.52% a year ago, and 75.10% a quarter ago...
Other income for the quarter dropped sharply to Rs 248 crore, compared to Rs 6,795 crore a year ago..
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