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LIC Q4 result review: Hits, misses, and the road ahead for investors

LIC Q4 review: Post Tuesday's share price decline, the insurer has slipped one position to India's seventh most valuable firm after ICICI Bank

LIC Q4 result review: Hits, misses, and the road ahead for investors
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LIC’s Q4 net profit fell to Rs 2,371.55 crore, down 18 per cent year-on-year (YoY) from Rs 2,893 crore last year, but its revenue rose 11.64 per cent YoY to Rs 2.11 trillion

Nikita Vashisht New Delhi
Life Insurance Corporation of India’s (LIC’s) March quarter (Q4FY22) result turned out to be a mixed bag and investors were torn between the positives and negatives. Though setbacks continue to outweigh growth numbers right now, analysts said it was premature to judge the company, which debuted on the bourses last month amid market volatility.

LIC shares slipped 3 per cent to Rs 811.5 apiece on the BSE on Tuesday. And after Tuesday’s fall, the insurer has slipped one position to seventh on the list of India’s most valuable companies. It ended with a market capitalisation of Rs 5.13 trillion, compared

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First Published: May 31 2022 | 12:39 PM IST

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