There was a strong rise in LIC shares on Wednesday after the company reported a 38% gain in net profit for the fourth quarter ended March 2025. The stock climbed 8.83 percent and reached a high of Rs 948 in trading for the day.
Key Highlights
- LIC's Q4 FY25 net profit increased by 38% YoY to ₹19,013 crore, driven by improved margins and cost efficiency.
- The company declared a final dividend of ₹12 per share for FY25, subject to shareholder approval.
The profit for this quarter came to Rs 19,013 crore, far higher than the Rs 13,763 crore achieved in the same period last year. In the same period last year, LIC earned Rs 250,923 crore, but this quarter it made only Rs 241,625 crore.
Between FY24 and FY25, earned PAT went up by 18.38% from Rs 40,676 crore to Rs 48,151 crore. According to LIC, premium revenue rose from Rs 4,75,070 crore in FY24 to Rs 4,88,148 crore in FY25.
"We have reached several milestones. First, we achieved an Individual New Business Premium of Rs 62,495 crore in one year. Second, our Net VNB (Value of New Business) for the year is Rs 10,011 crore, exceeding Rs 10,000 crore for the first time. Third, our VNB margin is steadily increasing, reaching 17.6 percent as of March 31, 2025. Fourth, our strategy for increasing Non Par share is becoming more consolidated. This year, Non Par APE's share of the individual business has increased to 27.69 percent," said Siddhartha Mohanty, CEO and MD of LIC.
Assets under management (AUM) at the insurer increased by 6.45% annually, rising to Rs 54,52,297 crore as of March 31, 2025, from Rs 51,21,887 crore reported just a year before on March 31, 2024.
According to the board, Rs 12 is the proper amount for a final dividend per share.
