LIC Q3 Results: The net premium income for the third quarter rose 5% year-on-year to Rs 1.17 lakh crore, compared with Rs 1.11 lakh crore in the corresponding quarter of previous year. First year premium for the reporting quarter fell 13% to Rs 8,429 crore. It was Rs 9,725 crore a year ago. Income from investments jumped 12% year-on-year to Rs 95,267 crore.
The net profit of Life Insurance Corporation of India rose to Rs 234.91 crore in the third quarter of the current financial year from Rs 0.91 crore recorded in the corresponding period of last year.