LIC reports 3.51% growth in profit after tax for H1 FY 2024
The Board of Directors of Life Insurance Corporation of India (LIC) has approved and adopted the standalone and consolidated financial results for the six months ending 30 September.
The Board of Directors of Life Insurance Corporation of India (LIC) has approved and adopted the standalone and consolidated financial results for the six months ending 30 September.
LIC's profit after tax fell to 76.21 billion rupees ($903.6 million) for the quarter ended September from 79.25 billion rupees a year earlier.
The second quarter profit of the power transmission giant remained flat as it had reported a consolidated net profit of Rs 3,781.42 crore in the quarter ended on September 30, 2023.
The leading global engineering services company reported operating revenue at Rs 1,296 crore, up 2.1 per cent YoY and 2.2 per cent QoQ.
Adani Wilmar Ltd on Thursday reported its highest-ever half-yearly net profit at Rs 624 crore for the first six months of the current fiscal (FY25).
The two-wheeler giant’s revenue during the quarter jumped 16 per cent to Rs 11,932 crore compared to the same period of 2023-24 on the back of robust vehicle sales and record spares revenue.
Department of Consumer Affairs Secretary Nidhi Khare told the representatives of the Retailers Association of India on Tuesday that while the wholesale prices of Chana
FSN E-Commerce Ventures, the parent company of Nykaa, clocked revenue of Rs 1,668 crore in the full fiscal year (FY24), up 28 per cent from Rs 1,302 crore in FY23.
Taking to X, the Prime Minister said, “In a remarkable turnaround in the last 10 years, India's banking sector net profit crosses Rs 3 lakh crore for the first time ever.”
On a sequential basis, the state-run lender's net profit jumped by 35.4 per cent compared to the Oct-Dec quarter
