LIC posts a 145% increase in profit to â¹6,100 crore
State-owned Life Insurance Corporation of India has registered a 145% jump in profit to â¹6,100 crore in the April-June quarter through sale of equities. The insurer had booked profits of â¹2,489 crore in the same quarter of the previous fiscal. Notably, the insurance behemoth is looking at a double-digit growth in business in the current fiscal.