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LIC Beats Street Est With 5% Jump in Profit at ₹10,987 Cr on Higher Margins
The New Indian Express Jeypore
|August 08, 2025
LIFE Insurance Corporation (LIC) on Thursday reported a street-beating set of numbers, with net income growing by 5% to ₹10,987 crore as the national insurer has earned 5% more in new business premium.
The national insurer has also improved the margins, helping boost the bottomline in the June quarter. In the trailing 12 months period, LIC had booked ₹10,461.05 crore in net income. Net premium income for the quarter rose to ₹1,19,618.41 crore, up 4.7% year-on-year when it was ₹1,14,230.24 crore. While the key new business premium grew 4.9% to ₹60,262 crore in the reporting quarter from ₹57,441 crore a year ago, the margin from its new business jumped to 15.4% from 13.9% i
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The New Indian Express Jeypore
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The New Indian Express Jeypore
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The New Indian Express Jeypore
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1 min
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The New Indian Express Jeypore
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1 mins
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The New Indian Express Jeypore
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1 min
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The New Indian Express Jeypore
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3 mins
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The New Indian Express Jeypore
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1 mins
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The New Indian Express Jeypore
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WITH the Reserve Bank of India (RBI) announcing a dollar swap facility for Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, banks have raised interest rates by 300-350 basis points on dollar-denominated NRI deposits, with some offering as much as 6.6% for tenures of three to five years.
1 mins
June 12, 2026
The New Indian Express Jeypore
Family seeks high-level probe into Aditya's death
THE family of seafarer Aditya Sharma of Hamirpur in Himachal Pradesh, who died off Oman coast in a US strike, has demanded a high-level inquiry into the circumstances leading to the incident amid allegations against the command on board the ship.
1 min
June 12, 2026
The New Indian Express Jeypore
Shivanand leaves behind a wailing family in Deoria
THE death of Shivanand Chaurasia from eastern UP after a US strike on an oil tanker off the Oman coast has left behind a deep void in the devastated family.
1 min
June 12, 2026
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