Life Insurance Corporation (LIC) is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.
Financial Results:
Life Insurance Corporation of India reported Revenues for Q1FY25 of ₹2,12,083.00 Crores up from ₹1,90,163.00 Crore year on year, a rise of 11.53%.
Total Expenses for Q1FY25 of ₹2,02,310.00 Crores up from ₹1,80,169.00 Crores year on year, a rise of 12.29%.
Consolidated Net Profit of ₹10,527.00 Crores up 9.27% from ₹9,634.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹16.67, up 9.46% from ₹15.23 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.