The company posted a profit after tax of 94.44 billion Indian rupees ($1.14 billion) for the quarter ended Dec. 31, up from 63.34 billion rupees a year ago.
($1 = 82.9610 Indian rupees)
(Reporting by Nishit Navin in Bengaluru)
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BENGALURU (Reuters) - Life Insurance Corporation of India reported a near 50% rise in third-quarter profit on Thursday, as it moved more money to a shareholders' fund to shore up its bottom line.
The company posted a profit after tax of 94.44 billion Indian rupees ($1.14 billion) for the quarter ended Dec. 31, up from 63.34 billion rupees a year ago.
($1 = 82.9610 Indian rupees)
(Reporting by Nishit Navin in Bengaluru)
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Capi.
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2,706 PTS | -1.45% | -1.34% | - | ||
929.8 INR | +0.89% | -4.95% | 69.86B | ||
5.74 AUD | +2.50% | +6.89% | 1.35B | ||
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+22.91% | 1.35B | |
-1.58% | 62.7B | |
+9.18% | 53.54B | |
+5.93% | 26.06B | |
+19.76% | 24.31B | |
+29.22% | 9.74B | |
+22.04% | 6.21B | |
-0.17% | 4.21B | |
+7.64% | 2.1B | |
+31.47% | 1.85B |