LIC Q1 results

Mumbai: Life Insurance Corp of India (LIC) reported an increase in net profit led by an increase in premium even as its value of new business (VNB) margin dropped. Net profit increased to Rs 683 crore in the quarter ended June 2022 from…

The recently-listed or on Friday said its June quarter consolidated net profit surged multi-fold to Rs 603 crore from Rs 24.3 crore in the corresponding quarter of the last fiscal year. LIC's net premium income also improved to Rs…