Life Insurance Corporation of India (LIC), the country’s largest life insurance company, released its first quarter results on Thursday. Giving information to the stock market, LIC said that April-June, 2025 quarter, the company’s net profit has been increased by 5 per cent on an annual basis. While the total revenue has also seen an increase. However, due to the release of quarterly results, the company’s shares have seen a decline. Let us also tell you how the LIC quarterly results have been released.
Some such figures came
According to the information given by LIC, the company’s net profit has seen an increase of five per cent and the figure increased to Rs 10,987 crore. Whereas the company had earned a net profit of Rs 10,461 crore in the same quarter of a year ago. The LIC said that during the June quarter, its total income increased to Rs 2,22,864 crore as against Rs 2,10,910 crore in the same period of a year ago.
The premium of the new policy increased to Rs 7,525 crore in the quarter under review, compared to Rs 7,470 crore in the same period of a year ago. The insurance company earned Rs 59,885 crore from the renewal premium of the old policy, while it was Rs 56,429 crore a year ago. LIC’s net income increased to Rs 1,02,930 crore in the last fiscal quarter, while it was Rs 96,183 crore during the April-June period of the previous financial year.
Decline in company shares
However, before the company’s quarterly results came, LIC shares saw a decline. LIC’s stock closed at Rs 886.40 at Rs 886.40 on the National Stock Exchange. While the company’s stock was opened at Rs 894.90 with a slight increase in the morning and reached the day high with Rs 896.30 during the business session. At the same time, when the shares started declining, the company’s stock reached the lower level of the day with Rs 874.
The company’s shares closed at Rs 892.75 a day earlier. By the way, in the last one month, the company’s stock has seen a decline of more than 6 percent. Whereas in 6 months, the company has seen 8.61 percent in the stock. On the other hand, in the current year, the company’s shares have fallen by 1.12 percent. On the other hand, in the last one year, the company’s stock has seen a fall of 21.11 percent.