LIC Q4: Profit increased by 38%, dividend announced, keep an eye on the stock

News Topical, Digital Desk : LIC i.e. Life Insurance Corporation has presented its quarterly results on Tuesday. According to the results released by the corporation, the profit has increased by 38 percent to Rs 19013 crore, which was at the level of Rs 13763 crore a year ago. Along with this, the net premium income of LIC in the fourth quarter stood at Rs 1.47 lakh crore, which was at Rs 1.52 lakh crore a year ago. It has seen a decline of 3.2 percent on a year-on-year basis. LIC has announced an interim dividend of Rs 12 per share to its investors. The results came after the market closed on Tuesday. In today's trading, the stock closed at the level of 871 with a slight increase.

According to the release issued, LIC's profit for the last financial year has increased by more than 18 percent to Rs 48151 crore. During this period, LIC has distributed Rs 56190 crore as bonus to its policyholders. At the same time, LIC's asset under management has increased by 6.45 percent on a year-on-year basis to Rs 5452297 crore.

On the basis of first year premium income, LIC has a market share of more than 57 percent. In the year ended March 31, 2025, LIC has a market share of about 38 percent in individual business and more than 71 percent in group business. 

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