For the year ended March 31, 2024, profit after tax was Rs 40,676 crore as compared to Rs 36,397 crore for FY2023. AdvertisementDuring the year, LIC’s total investment in equities stood at Rs 1,30,000 crore and in corporate bonds at Rs 78,000 crore. Its total premium income for FY2024 was Rs 4,75,070 crore as compared to Rs 4,74,005 crore in FY2023. Total individual business premium increased to Rs 3,03,768 crore from Rs 2,92,763 crore FY2023. The group business total premium income stood at Rs 1,71,302 crore as compared to Rs 1,81,242 crore.

Source: Indian Express May 28, 2024 06:36 UTC