General Insurance Corporation of India is engaged in the business of Reinsurance.(Source : 201903 Annual Report Page No:87)
Financial Results:
- General Insurance Corporation of India reported Revenues for Q1FY24 of ₹11,087.00 Crores down from ₹12,627.00 Crore year on year, a fall of 12.2%.
- Total Expenses for Q1FY24 of ₹10,333.00 Crores down from ₹12,091.00 Crores year on year, a fall of 14.54%.
- Consolidated Net Profit of ₹732.00 Crores up 6.09% from ₹690.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹4.17, up 6.11% from ₹3.93 in the same quarter of the previous year.