LIC Q1 Results: Profit and premium income increased by 5% - know full details

News Topical, Digital Desk : The country's largest life insurance company LIC (Life Insurance Corporation of India) has announced the results for the quarter ended June 2025 after the stock market closed on Thursday. The company said that it has seen strong financial performance in this quarter. In the information given to the exchange, the company said that there has been an increase in the profit and premium income of the company during the quarter. In the first quarter of the financial year 2025-26, the company's profit has increased year-on-year to Rs 10987 crore, which was Rs 10461 crore in the same quarter last year. This increase in the profit of the company is 5.02 percent.

In the June quarter, the company's premium income (Net Premium Income) also increased to Rs 1.19 lakh crore, which was Rs 1.13 lakh crore in the same period a year ago. The company said that VNB in the quarter has increased by 20.8 percent year-on-year to Rs 1,944 crore. During the quarter, the company's solvency ratio has increased from 1.99 times to 2.17 times.

How was the performance The company said that during this period, individual business premium has increased by 6.37 percent to Rs 71474 crore, while group business premium increased by 2.46 percent to Rs 47726 crore. According to IRDAI data, LIC's total market share was 63.51 percent. Share in individual business was 38.76 percent. Decline in sales of policies In the June quarter, 30.39 lakh policies were sold in the individual segment as compared to 35.65 lakh in the same quarter last year, i.e. there was a decline of 14.75 per cent in sales. The total premium on APE basis was Rs 12652 crore. Out of this, the share of individual business was Rs 7061 crore (55.81%) and that of group business was Rs 5590 crore (44.18%). Non-Par APE increased from Rs 1615 crore to Rs 2142 crore. The share of Non-Par in individual business increased from 23.94% to 30.34 per cent. Share performance On Thursday, the company's share closed at Rs 886.40 with a decline of 0.71 per cent. In the last one year, the company's share has seen a decline of 21.11 per cent. 

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