Archive · 8 Aug 2025
LIC Shares Jump 5% After Q1 Earnings Report
LIC, an Indian insurance company, announced its financial results for the first three months.
The company's stock price went up nearly 5% after the report.
LIC made a profit of about Rs 10,987 crore, slightly more than last year.
The company earned more money overall and collected more premiums from customers.
The CEO believes the company will see its profits grow a lot more this year.
LIC shares increased nearly 5% after the announcement of Q1 financial results.
The company's net profit for Q1 FY25 was Rs 10,987 crore, a 5% increase from the previous year.
LIC's total income rose to Rs 2,22,864 crore in the June quarter.
First-year premium collections increased marginally to Rs 7,525 crore.
The CEO expressed confidence in achieving double-digit profit growth by the end of the fiscal year.
- Who
- Life Insurance Corporation of India (LIC)
- What
- LIC released its Q1 financial results.
- When
- Q1 FY25.
- Where
- India
- Why
- To report financial performance.
Current Performance
Future Outlook
Performance
Current Performance
Modest Profit Rise
Future Outlook
Strong Investor Sentiment
- Company
- LIC
- Share Increase
- Nearly 5%
- Net Profit (Q1 FY25)
- Rs 10,987 crore
- Total Income (June Quarter)
- Rs 2,22,864 crore
- First-Year Premium Collections (Q1)
- Rs 7,525 crore
- CEO
- R Doraiswamy
Sources
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