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 Q3FY25 of ₹2,03,751.00 Crores down from ₹2,14,054.00 Crore year on year, a fall of 4.81%.
Total Expenses for Q3FY25 of ₹1,92,356.00 Crores down from ₹2,04,815.00 Crores year on year, a fall of 6.08%.
Consolidated Net Profit of ₹11,009.00 Crores up 16.69% from ₹9,434.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹17.40, up 16.23% from ₹14.97 in the same quarter of the previous year.
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