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General Insurance Corporation of India reports 17% rise in Q3 consolidated net profit

07 Feb 2025 Evaluate

General Insurance Corporation of India has reported results for third quarter ended December 31, 2024 (Q3FY25). 

The company has reported 6.81% rise in its net profit at Rs 1621.35 crore for Q3FY25 as compared to Rs 1517.96 crore for the same quarter in the previous year. Total income of the company increased marginally by 2.32% at Rs 10479.32 crore for Q3FY25 as compared to Rs 10241.75 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 16.53% rise in its net profit at Rs 1676.62 crore for the quarter ended December 31, 2024 as compared to Rs 1438.84 crore for the same quarter in the previous year. Total income of the company increased marginally by 1.49% at Rs 10420.11 crore for Q3FY25 as compared to Rs 10267.53 crore for the corresponding quarter previous year.

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