LIC Q3 Results: Profit rises 16% YoY to Rs 11,009 crore; net premium income declines 9%

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Life Insurance Corporation of India (LIC) reported a 16.3 per cent year-on-year (YoY) increase in its consolidated nett profit, reaching Rs 11,009 crore for Q3FY25, up from Rs 9,469 crore successful the year-ago quarter. However, nett premium income declined 8.6 YoY to Rs 1.07 lakh crore, compared to Rs 1.17 lakh crore successful Q3FY24.

Despite the nett boost, mostly attributed to improved margins and concern income, the contraction successful premium collections indicates sluggish caller concern growth. The yearly premium equivalent (APE) is expected to amusement a decline, reflecting muted request for security policies amid contention from backstage players.

LIC’s solvency ratio improved to 2.02 from 1.93 YoY, signalling a stronger fiscal position. The company’s quality to prolong profitability portion navigating premium maturation challenges volition beryllium intimately watched by investors.

Shares of LIC person been trading range-bound up of the results, with marketplace participants looking for cues connected concern maturation and imaginable strategy shifts.

(More to come...)

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