LIC Q4 Results 2022: standalone profit down 18% YoY at Rs 2371 cr; state insurer declares dividend of Rs 1.50 per share
LIC Q4 Results 2022: State-run insurer posted a consolidated net profit of Rs 2371.55 cr for the quarter ended 31 March 2022, which was down by 18 per cent Year-on-Year (YoY) from the PAT of Rs 2893.48 cr recorded during Q4 of FY21
LIC Q4 Results 2022: State-run insurer posted a consolidated net profit of Rs 2371.55 cr for the quarter ended 31 March 2022, which was down by 18 per cent Year-on-Year (YoY) from the PAT of Rs 2893.48 cr recorded during Q4 of FY21, the company said in its filing to the exchanges.
On the sequential basis, the company posted a net profit 2349.13 cr which was up nearly 1 per cent.
LIC declared its March quarter results after market hours.
The dividend announced by the state insurer was Rs 1.50 for FY22.
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LIC shares today ended at Rs 837.05 on the BSE, up nearly 2 per cent from the Friday closing price.
Net premium income for the reporting quarter stood at Rs 143,745.91 cr versus Rs 121,626.05 cr reported in Q4FY21. In Q3FY22, net premium income stood at Rs 97,620.34cr.
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