{"id":160080,"date":"2024-03-21T09:52:38","date_gmt":"2024-03-21T13:52:38","guid":{"rendered":"https:\/\/44.250.171.167\/?p=160080"},"modified":"2024-03-21T09:52:41","modified_gmt":"2024-03-21T13:52:41","slug":"general-insurance-corporation-of-india-q3fy24-17-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/general-insurance-corporation-of-india-q3fy24-17-rise-in-profits\/","title":{"rendered":"General Insurance Corporation of India Q3FY24; 17% rise in Profits"},"content":{"rendered":"\n<p>General Insurance Corporation of India is engaged in the business of Reinsurance.(Source : 201903 Annual Report Page No:87)<\/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 Q3FY24 of \u20b910,880.00 Crores down from \u20b911,275.00 Crore year on year, a fall of 3.5%.<\/p>\n\n\n\n<p>Total Expenses for Q3FY24 of \u20b99,532.00 Crores down from \u20b910,289.00 Crores year on year, a fall of 7.36%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b91,439.00 Crores up 16.8% from \u20b91,232.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b98.20, up 16.81% from \u20b97.02 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\/2024\/03\/image-220-839x1024.png\" alt=\"\" class=\"wp-image-160081\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-220-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-220-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-220-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-220-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-220.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\/2024\/03\/ASAI-Product-2-1.gif\" alt=\"\" class=\"wp-image-159717\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b910,880.00 Crores down from \u20b911,275.00 Crore year on year, a fall of 3.5%. Total Expenses for Q3FY24 of \u20b99,532.00 Crores down from \u20b910,289.00 Crores year [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":160081,"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":[811],"class_list":["post-160080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-insurance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-220.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":159002,"url":"https:\/\/alphastreet.com\/india\/life-insurance-corporation-of-india-q3fy24-49-rise-in-profits\/","url_meta":{"origin":160080,"position":0},"title":"Life Insurance Corporation of India Q3FY24; 49% rise in Profits","author":"Chirag Gupta","date":"February 21, 2024","format":false,"excerpt":"Life Insurance Corporation (LIC) is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.\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\/02\/image-163.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-163.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-163.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-163.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-163.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-163.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159743,"url":"https:\/\/alphastreet.com\/india\/shipping-corporation-of-india-ltd-q3fy24-46-fall-in-profits\/","url_meta":{"origin":160080,"position":1},"title":"Shipping Corporation of India Ltd Q3FY24; 46% fall in Profits","author":"Chirag Gupta","date":"March 12, 2024","format":false,"excerpt":"Shipping Corporation of India is engaged involved in business of transporting goods and passengers. Financial Results: Shipping Corporation of India Ltd reported Revenues for Q3FY24 of \u20b91,341.00 Crores down from \u20b91,496.00 Crore year on year, a fall of 10.36%. Total Expenses for Q3FY24 of \u20b91,214.00 Crores down from \u20b91,260.00 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\/2024\/03\/image-115.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-115.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-115.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-115.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-115.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-115.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159949,"url":"https:\/\/alphastreet.com\/india\/transport-corporation-of-india-ltd-q3fy24-7-fall-in-profits\/","url_meta":{"origin":160080,"position":2},"title":"Transport Corporation of India Ltd Q3FY24; 7% fall in Profits","author":"Chirag Gupta","date":"March 18, 2024","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 Q3FY24 of \u20b91,002.00 Crores up from \u20b9967.00 Crore year on year, a rise of 3.62%. Total Expenses for Q3FY24 of \u20b9939.00\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\/03\/image-179.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-179.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-179.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-179.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-179.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-179.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159323,"url":"https:\/\/alphastreet.com\/india\/new-india-assurance-company-ltd-q3fy24-2-fall-in-profits\/","url_meta":{"origin":160080,"position":3},"title":"New India Assurance Company Ltd Q3FY24; 2% fall in Profits","author":"Chirag Gupta","date":"February 28, 2024","format":false,"excerpt":"New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake. Financial Results: New India Assurance Company Ltd reported Revenues for Q3FY24 of \u20b911,366.00 Crores up from \u20b910,558.00 Crore year on year, a rise of 7.65%. Total Expenses\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\/02\/image-248.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-248.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-248.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-248.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-248.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-248.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159346,"url":"https:\/\/alphastreet.com\/india\/nuvoco-vistas-corporation-ltd-q3fy24-7-fall-in-revenue\/","url_meta":{"origin":160080,"position":4},"title":"Nuvoco Vistas Corporation Ltd Q3FY24; 7% fall in Revenue","author":"Chirag Gupta","date":"February 29, 2024","format":false,"excerpt":"Nuvoco Vista Corporation Ltd (NVCL), is one of the largest cement companies and concrete manufacturers in India with a consolidated capacity of 22.32 MMTPA. It offers a diversified range of products such as cement, Ready-mix Concrete (RMX), and modern building materials i.e. adhesives, wall putty, dry plaster, cover blocks, and\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\/02\/image-255.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-255.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-255.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-255.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-255.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-255.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":160100,"url":"https:\/\/alphastreet.com\/india\/gujarat-mineral-development-corporation-ltd-q3fy24-56-fall-in-profits\/","url_meta":{"origin":160080,"position":5},"title":"Gujarat Mineral Development Corporation Ltd Q3FY24; 56% fall in Profits","author":"Divyansh_Kasana","date":"March 21, 2024","format":false,"excerpt":"Gujarat Mineral Development Corporation is primarily engaged in 2 sectors i.e. mining and power. Its projects include Lignite, Bauxite, Fluorspar, Multi-Metal, Manganese, Power, Wind and Solar. Financial Results: Gujarat Mineral Development Corporation Ltd reported Revenues for Q3FY24 of \u20b9564.00 Crores down from \u20b9855.00 Crore year on year, a fall of\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\/03\/image-228.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-228.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-228.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-228.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-228.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-228.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/160080","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=160080"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/160080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/160081"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=160080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=160080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=160080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}