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General Insurance Corporation of India standalone net profit declines 85.92% in the June 2019 quarter

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Capital Market
Last Updated : Aug 16 2019 | 6:04 PM IST

Sales rise 14.76% to Rs 16737.12 crore

Net profit of General Insurance Corporation of India declined 85.92% to Rs 108.60 crore in the quarter ended June 2019 as against Rs 771.42 crore during the previous quarter ended June 2018. Sales rose 14.76% to Rs 16737.12 crore in the quarter ended June 2019 as against Rs 14584.27 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales16737.1214584.27 15 OPM %-7.78-2.55 -PBDT138.911029.74 -87 PBT138.911029.74 -87 NP108.60771.42 -86

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First Published: Aug 16 2019 | 5:45 PM IST

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