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General Insurance Corporation of India Q3FY24; 17% rise in Profits

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 Q3FY24 of ₹10,880.00 Crores down from ₹11,275.00 Crore year on year, a fall of 3.5%.

Total Expenses for Q3FY24 of ₹9,532.00 Crores down from ₹10,289.00 Crores year on year, a fall of 7.36%.

Consolidated Net Profit of ₹1,439.00 Crores up 16.8% from ₹1,232.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.20, up 16.81% from ₹7.02 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Insurance
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