General Insurance Corporation of India Share Price – NSE  /  BSE

Insurance, Mid Cap

General Insurance Corporation of India announced that the Board of Directors of the Company at its meeting held on 28 May 2024, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Net profit of General Insurance Corporation of India declined 5.45% to Rs 2580.42 crore in the quarter ended March 2024 as against Rs 2729.18 crore during the previous quarter ended March 2023. Sales declined 5.83% to Rs 7273.93 crore in the quarter ended March 2024 as against Rs 7723.96 crore during the previous quarter ended March 2023.

For the full year,net profit declined 3.21% to Rs 6685.88 crore in the year ended March 2024 as against Rs 6907.31 crore during the previous year ended March 2023. Sales declined 6.31% to Rs 33704.72 crore in the year ended March 2024 as against Rs 35973.53 crore during the previous year ended March 2023.

Powered by Capital Market - Live News

General Insurance Corporation of India will hold a meeting of the Board of Directors of the Company on 28 May 2024

Powered by Capital Market - Live News

General Insurance Corporation of India has appointed V. Balkrishna, General Manager as Chief Financial Officer & Key Managerial Personnel of the Corporation in place of Jayashree Ranade, General Manager, CFO & KMP of the Corporation, who will be retiring from the service on 30 April 2024. The appointment shall be effective from 01 May 2024.

Powered by Capital Market - Live News