Life Insurance Corporation (LIC) There is a strong jump in profit. The company recorded an increase of 38% in its consolidated net profit in the fourth quarter of FY 2025, which is Rs 19,039 crore as against Rs 13,782 crore in the same period last year. The company has announced a dividend of Rs 12 per share for its investors. A record date has been set on 25 July 2025 to get the benefit of dividend.
Decline in premium income
LIC’s net premium income was Rs 1.47 lakh crore in the fourth quarter of FY 2025, compared to Rs 1.52 lakh crore a year ago. On May 27, LIC shares on NSE closed at around Rs 870.70 per share. The PAT rose 73% on a quarterly basis, while Rs 11,009 crore was recorded in the third quarter of FY 25, while the net premium income was 38% higher than Rs 1,07,302 crore recorded in the October-December quarter of FY 25.
LIC occupies 57% market
LIC occupies 57.05% market in the insurance sector. LIC market remains a leading company according to market share in insurance business. For the end of 31 March 2025, LIC had 37.46% market share in individual business and 71.19% in group business. A total of 1,77,82,975 policies were sold in the individual section during the year ended 31 March 2025, while 2,03,92,973 policies were sold during the year ended 31 March 2024.
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