Life Insurance Corporation (LIC) has announced the results for the third quarter of FY 2025. The company said that the company's net premium income declined by 9 per cent in the quarter ended December to Rs 1,06,891 crore in the third quarter, while it was Rs 1,17,017 crore in the same quarter a year ago. Net premium income for life insurance companies is the total premium collected from policyholders after deducting reinsurance costs.

The country's largest life insurance company has registered a 17 per cent increase in its standalone profit to Rs 11,056 crore in the third quarter ended December 2024. A year ago in this quarter, the company had registered a profit of Rs 9,444 crore. LIC said in an exchange filing that total income also declined to Rs 2,01,994 crore in the December quarter, as against Rs 2,12,447 crore in the same quarter a year ago. Stock performance On Friday, the company's stock closed down 2.15 per cent at Rs 811. In the last one year, the company's stock has seen a decline of 22.35 per cent.