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 Q4FY25 of ₹2,43,134.00 Crores up from ₹2,38,717.00 Crore year on year, a rise of 1.85%.
Total Expenses for Q4FY25 of ₹2,21,621.00 Crores down from ₹2,37,152.00 Crores year on year, a fall of 6.55%.
Consolidated Net Profit of ₹19,039.00 Crores up 37.55% from ₹13,842.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹30.10, up 37.57% from ₹21.88 in the same quarter of the previous year.