LIC Q4 profit jumps 38% to ₹19,013 cr; FY25 PAT at ₹48,151 cr, dividend at ₹12/share

This is a significant improvement from the ₹13,763 crore recorded in the same quarter of the previous financial year.

Despite the profit surge, LIC’s total income declined to ₹2,41,625 crore in the quarter, down from ₹2,50,923 crore in the year-ago period, according to the insurer’s regulatory filing.

The board has recommended a final dividend of ₹12 per share.

For the full financial year 2024–25, LIC reported a Profit After Tax of ₹48,151 crore, marking an 18.38 percent year-on-year rise. Individual new business premium for the year stood at ₹62,495 crore, reflecting an 8.28 percent growth compared to the previous year.

A bonus of ₹56,190.24 crore was declared to policyholders, underlining the company’s commitment to rewarding its customer base.

The Value of New Business (VNB) rose by 4.47 percent YoY to ₹10,011 crore, while the VNB margin (net) expanded by 80 basis points to 17.6 percent.

Within the individual business segment, the share of Non-Par Annualized Premium Equivalent (APE) increased by 937 basis points year-over-year (YoY) to 27.69 percent. Non-Par APE itself climbed 50.28 percent year-over-year (YoY) to ₹10,581 crore.

The insurer also brought down its expense ratio significantly by 315 basis points to 12.42 percent in FY25, compared to 15.57 percent in FY24.

Indian Embedded Value (IEV) rose by 6.81 percent YoY to ₹7,76,876 crore, and Assets Under Management (AUM) grew 6.45 percent YoY to ₹54,52,297 crore.

The solvency ratio also improved, rising to 2.11 from 1.98 YoY, signalling stronger financial stability.