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LIC Reports 5% Rise in Q1 Profit, VNB Up 21%

Mint Kolkata

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August 08, 2025

Life Insurance Corporation of India reported a 5% rise in first-quarter profit on Thursday, helped by higher premiums from renewed policies, while its margins expanded due to an improvement in its product mix.

- Reuters

Profit after tax for the country's biggest insurer rose to ₹10,987 crore for the quarter ended 30 June from ₹10,461 crore a year earlier.

The insurer's net premium income rose nearly 5% to ₹1.19 trillion, helped by a 6% rise in its renewal premium collection.

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