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General Insurance Corporation of India reports consolidated net loss of Rs 1035.54 crore in the December 2019 quarter

Capital Market 

Sales rise 11.74% to Rs 7981.55 crore

Net loss of General Insurance Corporation of India reported to Rs 1035.54 crore in the quarter ended December 2019 as against net profit of Rs 377.34 crore during the previous quarter ended December 2018. Sales rose 11.74% to Rs 7981.55 crore in the quarter ended December 2019 as against Rs 7142.98 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales7981.557142.98 12 OPM %-38.34-3.18 -PBDT-950.501021.38 PL PBT-950.501021.38 PL NP-1035.54377.34 PL

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 11 2020. 08:28 IST
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