Mumbai: The Life Insurance Corporation of India on Tuesday reported a 38 according to cent soar in internet benefit to Rs 19,013 crore for the January-March quarter of the monetary 12 months 2024-25 in comparison to the corresponding determine of Rs 13,763 crore in the similar duration of the former 12 months.
The corporate declared a last dividend of Rs 12 according to proportion for FY25. The Board has fastened July 25, 2025, because the “record date” for ascertaining the eligibility of contributors of the company for the proposed ultimate dividend, the LIC mentioned in a inventory change submitting.
The LIC’s internet top rate source of revenue within the fourth quarter of FY25 used to be Rs 1.47 lakh crore, when put next with Rs 1.52 lakh crore in the similar quarter of the former 12 months. As on March 31, 2025, the insurer’s solvency ratio used to be at 2.11 occasions as towards 1.98 occasions a 12 months in the past.
The internet benefit for the monetary 12 months ended March 31, 2025, used to be Rs 48,151 crore as in comparison to Rs 40,676 crore for the 12 months ended March 31, 2024, registering an build up of 18.38 according to cent.
In phrases of marketplace proportion measured through First Year Premium Income, the LIC remains to be the marketplace chief through marketplace proportion within the Indian lifestyles insurance coverage industry with an general marketplace proportion of 57.05 according to cent. For the 12 months ended March 31, 2025, it had a marketplace proportion of 37.46 according to cent within the Individual industry and 71.19 according to cent within the Group industry, consistent with an organization observation.
The overall top rate source of revenue for the 12 months ended March 31, 2025, used to be Rs 4,88,148 crore as in comparison to Rs 4,75,070 crore for the 12 months ended March 31, 2024. The internet VNB margin for the 12 months ended March 31, 2025, greater through 80 bps to 17.6 according to cent as in comparison to 16.8 according to cent for the year-ago duration. On May 27, the cost of LIC stocks on NSE settled at Rs 870.7 apiece.