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General Insurance Corporation of India reports consolidated net loss of Rs 652.60 crore in the September 2019 quarter

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Capital Market

Sales rise 7.50% to Rs 11863.84 crore

Net loss of General Insurance Corporation of India reported to Rs 652.60 crore in the quarter ended September 2019 as against net profit of Rs 727.50 crore during the previous quarter ended September 2018. Sales rose 7.50% to Rs 11863.84 crore in the quarter ended September 2019 as against Rs 11036.57 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales11863.8411036.57 7 OPM %-22.29-20.60 -PBDT-697.80274.45 PL PBT-697.80274.45 PL NP-652.60727.50 PL

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First Published: Nov 12 2019 | 6:58 PM IST

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