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LIC has announced a board meeting on May 27, 2025, to discuss the financial results for the quarter and half-year.
LIC posted a strong FY'25 with total premium income at ₹4.88 lakh Cr (+2.7% YoY) and individual new business premium at a record ₹62,495 Cr (+8.3% YoY). PAT rose 18.4% to ₹48,151 Cr. VNB exceeded ₹10,000 Cr with margins up 80bps to 17.6%. Assets under management grew 6.45% to ₹54.52 lakh Cr. Non-par APE in individual business jumped 50.3% YoY. Expense ratio improved to 12.42%. Bancassurance and alternative channels surged 58% YoY, supported by a 5.1% rise in agency count to 14.87 lakh. Management highlighted digital initiatives, profitable growth, product mix optimization, and expects margin expansion despite challenges.