{"id":157254,"date":"2023-12-12T07:24:06","date_gmt":"2023-12-12T12:24:06","guid":{"rendered":"https:\/\/44.250.171.167\/?p=157254"},"modified":"2023-12-12T07:24:07","modified_gmt":"2023-12-12T12:24:07","slug":"general-insurance-corporation-of-india-q2fy24-14-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/general-insurance-corporation-of-india-q2fy24-14-fall-in-profits\/","title":{"rendered":"General Insurance Corporation of India Q2FY24; 14% fall in Profits"},"content":{"rendered":"\n<p>General Insurance Corporation of India is engaged in the business of Reinsurance.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>General Insurance Corporation of India reported Revenues for Q2FY24 of \u20b913,059.00 Crores up from \u20b911,970.00 Crore year on year, a rise of 9.1%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b911,592.00 Crores up from \u20b99,978.00 Crores year on year, a rise of 16.18%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b91,605.00 Crores down 13.71% from \u20b91,860.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b99.15, down 13.68% from \u20b910.60 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-78-839x1024.png\" alt=\"\" class=\"wp-image-157255\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-78-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-78-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-78-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-78-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-78.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/dashboard\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/ASAI-Product-2-2.gif\" alt=\"\" class=\"wp-image-157195\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>General Insurance Corporation of India is engaged in the business of Reinsurance. Financial Results: General Insurance Corporation of India reported Revenues for Q2FY24 of \u20b913,059.00 Crores up from \u20b911,970.00 Crore year on year, a rise of 9.1%. Total Expenses for Q2FY24 of \u20b911,592.00 Crores up from \u20b99,978.00 Crores year on year, a rise of 16.18%. [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":157255,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[8233],"class_list":["post-157254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-insurance-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-78.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156373,"url":"https:\/\/alphastreet.com\/india\/minda-corporation-ltd-q2fy24-2-rise-in-profits\/","url_meta":{"origin":157254,"position":0},"title":"Minda Corporation Ltd Q2FY24; 2% rise in Profits","author":"Hardik Bhandare","date":"November 17, 2023","format":false,"excerpt":"Minda Corporation Ltd is one of the leading automotive component manufacturing companies in India with a pan-India presence and international footprint. It is the flagship company of Spark Minda, which was part of the erstwhile Minda Group. Financial Results: Minda Corporation Ltd reported Revenues for Q2FY24 of \u20b91,196.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-232.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-232.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-232.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-232.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-232.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-232.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155392,"url":"https:\/\/alphastreet.com\/india\/sbi-life-insurance-company-ltd-q2fy24-1-rise-in-profits\/","url_meta":{"origin":157254,"position":1},"title":"SBI Life Insurance Company Ltd Q2FY24; 1% rise in Profits","author":"Chirag Gupta","date":"October 27, 2023","format":false,"excerpt":"SBI Life Insurance Company Ltd is engaged in the business of life insurance and annuity. It was started as a Joint-venture between State Bank of India and BNP Paribas Cardif S.A. Financial Results: SBI Life Insurance Company Ltd reported Revenues for Q2FY24 of \u20b928,805.00 Crores up from \u20b927,717.00 Crore year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-143.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157577,"url":"https:\/\/alphastreet.com\/india\/india-power-corporation-ltd-q2fy24-3-rise-in-profits\/","url_meta":{"origin":157254,"position":2},"title":"India Power Corporation Ltd Q2FY24; 3% rise in Profits","author":"Divyansh_Kasana","date":"January 3, 2024","format":false,"excerpt":"Incorporated in 1919, India Power Corporation Ltd is engaged in business of Power Distribution, Renewable Power Generation and Smart Grid. Financial Results: India Power Corporation Ltd reported Revenues for Q2FY24 of \u20b9161.22 Crores up from \u20b9158.27 Crore year on year, a rise of 1.86%. Total Expenses for Q2FY24 of \u20b9171.22\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-12.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-12.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-12.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-12.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-12.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-12.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156216,"url":"https:\/\/alphastreet.com\/india\/container-corporation-of-india-ltd-q2fy24-21-rise-in-profits\/","url_meta":{"origin":157254,"position":3},"title":"Container Corporation Of India Ltd Q2FY24; 21% rise in Profits","author":"Divyansh_Kasana","date":"November 15, 2023","format":false,"excerpt":"Container Corporation Of India (CONCOR) is engaged in the business of providing inland transportation of containers by rail. It also covers the Management of Ports, Air cargo complexes and establishes cold chains. Financial Results: Container Corporation Of India Ltd reported Revenues for Q2FY24 of \u20b92,195.00 Crores up from \u20b91,986.00 Crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-191.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-191.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-191.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-191.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-191.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-191.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156752,"url":"https:\/\/alphastreet.com\/india\/transport-corporation-of-india-ltd-q2fy24-21-rise-in-profits\/","url_meta":{"origin":157254,"position":4},"title":"Transport Corporation of India Ltd Q2FY24; 21% rise in Profits","author":"Chirag Gupta","date":"November 28, 2023","format":false,"excerpt":"Transport Corporation of India is engaged in the Business of Freight Transport,Supply Chain Solutions and Transport through Seaways. Financial Results: Transport Corporation of India Ltd reported Revenues for Q2FY24 of \u20b9994.00 Crores up from \u20b9933.00 Crore year on year, a rise of 6.54%. Total Expenses for Q2FY24 of \u20b9927.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-350.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-350.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-350.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-350.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-350.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-350.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156914,"url":"https:\/\/alphastreet.com\/india\/birla-corporation-ltd-q2fy24-14-rise-in-revenue\/","url_meta":{"origin":157254,"position":5},"title":"Birla Corporation Ltd Q2FY24; 14% rise in Revenue","author":"Divyansh_Kasana","date":"November 30, 2023","format":false,"excerpt":"Birla corporation It is a company of M.P Birla Group. The Co is engaged in the manufacturing of cement of various kinds and also has a presence in the jute goods industry. Financial Results: Birla Corporation Ltd reported Revenues for Q2FY24 of \u20b92,286.00 Crores up from \u20b92,000.00 Crore year on\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-407.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-407.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-407.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-407.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-407.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-407.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/157254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=157254"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/157254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/157255"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=157254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=157254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=157254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}