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LIC net profit rises 5%
August 08, 2025
|Financial Express Kolkata
LIFE INSURANCE CORPORATION of India (LIC) on Thursday reported a 5% year-on-year rise in its standalone net profit to ₹10,986.51 crore for the June quarter, even as the growth in first-year and single premiums remained muted.
It had posted a 9% growth in the net profit in the year-ago period.
Gross premium income rose 5% YoY to ₹1,19,333 crore. First-year premium was largely flat at ₹7,525.26 crore, while renewal premiums rose 6% to ₹59,884.79 crore. Single premium collections increased 4% to ₹51,922.99 crore.
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