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LIC Reports 5% Rise in Q1 Profit, VNB Up 21%
Mint Chennai
|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.
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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