Life Ins Corp of India reports lower profit
Wednesday, 1 June 2022
MUMBAI, May 31 (Reuters): Life Insurance Corporation of India reported a profit of 23.72 billion Indian rupees ($306 million) for the March quarter, down from 28.93 billion a year earlier.
India's biggest insurer and largest domestic financial investor also announced a dividend of 1.50 rupees per share with a face value of 10 rupees each, it said in a regulatory filing on Monday.