Life Insurance of India (NSE:LICI, BOM:543526) recorded a rise in its consolidated net profit to 109.6 billion Indian rupees in the fiscal first quarter ended June 30 against 105.4 billion rupees a year ago.
Earnings per share climbed to 17.32 rupees from 16.67 rupees a year earlier, according to a Thursday filing to the stock exchanges by the insurer.
Net premium income in fiscal Q1 also increased to 1.196 trillion rupees from 1.142 trillion rupees a year earlier.
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