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

Mint New Delhi

|

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.

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

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time to read

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Mint New Delhi

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Former DBS CEO is Temasek India's new non-exec chair

Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-exec role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said. He will join on 1 December.

time to read

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Mint New Delhi

Apple's 5th India store to open in Noida soon

Apple announced on Friday it will open its fifth retail store in India on 1 December in Noida's DLF Mall of India—marking its second store in the National Capital Region after Delhi, which opened in April 2023.

time to read

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Mint New Delhi

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120 ways of cooking your vegetables

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time to read

4 mins

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Mint New Delhi

Tiramisu is trending and nobody is complaining

Tiramisu, tiramisu latte, rasgulla tiramisu, masala chai tiramisu, tiramisu tres leches—it seems like almost every café or restaurant across the country has some version of the Italian dessert on its menu.

time to read

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Mint New Delhi

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Former DBS CEO is Temasek India’s new non-exec chair

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time to read

1 mins

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Mint New Delhi

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Everything that’s wrong with India’s development story

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time to read

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Mint New Delhi

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Two women navigate love and politics in Mumbai

This novel's charm lies less in plot twists and more in the lived-in world of the millennial women it depicts accurately

time to read

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Mint New Delhi

Art Deco feels in Indian fashion

The 100-year-old style has inspired design worldwide. Why doesn't it have a big presence in Indian fashion?

time to read

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Mint New Delhi

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India hopes to seal US reciprocal tariff pact by end of Dec

India is looking to finalize a framework agreement on reciprocal tariffs with the US by the end of this year, said commerce secretary Rajesh Agrawal, marking a significant step toward resolving the strained bilateral trade between the two countries.

time to read

1 mins

November 29, 2025

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