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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5d. change
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Capi.
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2,729 PTS | -0.03% | +0.66% | - | ||
999.2 INR | +2.14% | +1.32% | 74.13B | ||
5.22 AUD | 0.00% | -0.76% | 1.24B | ||
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+11.78% | 1.24B | |
+6.16% | 52.18B | |
+4.50% | 26.04B | |
+16.61% | 23.59B | |
+23.33% | 9.07B | |
+22.92% | 6.22B | |
-3.44% | 4.02B | |
+1.62% | 2B | |
+14.11% | 1.81B | |
-21.70% | 1.5B |