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(07/08/2025 18:30)

LIC Q1 net profit up 5.02% at Rs 10986.51 cr

The company reported standalone net profit of Rs 10,986.51 crore for the quarter ended June 30, 2025 as compared to Rs 10461.05 crore in the same period last year, registering a year-on-year growth of 5.02 per cent.

Net revenue of the company rose marginally by 4.77 per cent at Rs 1,19,200.39 crore in April-June quarter of this fiscal as against Rs 1,13,770.14 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 6.14 per cent to Rs 2,12,204.70 crore from Rs 1,99,928.85 crore in year ago period.

Other Income dipped by 23.41 per cent at Rs 733.02 crore versus (Jun'24 Rs 957.12 crore).

Operating Profit surged by 4.57 per cent to Rs 11,712.62 crore as against Rs 11,200.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.10 per cent in June quarter.

Taxation increased by 0.90 per cent at Rs 1,603.35 crore (Jun'24 Rs 1,589.11 crore).