LIC Q1 Results: Net Profit rises by 5.02% at Rs 10,986 crore
LIC Profit after Tax (PAT) for the quarter ended June 30th, 2025 was Rs. 10,986 crore as compared to Rs. 10,461 crore for the quarter ended June 30th, 2024 registering a growth of 5.02%.
LIC Q1 Results: Net Profit rises by 5.02% at Rs 10,986 crore
New Delhi: The Board of Directors of Life Insurance Corporation of India has approved and announced the standalone and consolidated financial results for the quarter ending June 30th, 2025.
Below are the key highlights of our standalone results.
The Profit after Tax (PAT) for the quarter ended June 30th, 2025 was Rs. 10,986 crore as compared to Rs. 10,461 crore for the quarter ended June 30th, 2024 registering a growth of 5.02%.
In terms of market share measured by First Year Premium Income (FYPI) (as per IRDAI), LIC continues to be the market leader in Indian life insurance business with overall market share of 63.51%.
For the quarter ended June 30th, 2025, LIC had a market share of 38.76% in Individual business and 76.54% in the Group business. The Total Premium Income for quarter ended June 30th, 2025 was Rs. 1,19,200 crore as compared to Rs. 1,13,770 crore for the quarter ended June 30th 2024, registering a growth of 4.77%.
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The Total Individual Business Premium for the quarter ended June 30th, 2025 increased to Rs. 71,474 crore from Rs. 67,192 crore for the comparable period of previous year, showing an increase of 6.37%.
The Group Business total premium income for quarter ended June 30th, 2025 was Rs. 47,726 crores as compared to Rs 46,578 crore for the quarter ended June 30th 2024, showing an increase of 2.46%.
A total of 30,39,709 policies were sold in the individual segment during the quarter ended June 30th, 2025 as compared to 35,65,519 policies sold during the quarter ended June 30th 2024 registering a decline of 14.75%.
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The Value of New Business (VNB) for the quarter ended June 30th, 2025 was Rs. 1,944 crore as compared to Rs. 1,610 crore for the quarter ended June 30th, 2024, registering a growth of 20.75%.
Read Also : LIC Q1 Results: Net Profit rises by 5.02% at Rs 10,986 crore