Life Insurance Of India (LICI) — Financial Results

LIC reported consolidated gross premium income of ₹1,07,015.19 crores for Q3 FY2024, up sharply from ₹87.22 crores YoY, with net profit after tax reaching ₹29,138.38 crores for the nine-month period, reflecting a 69.9% YoY growth in profitability. The results, approved by the Board on February 7, 2025, include unaudited figures and regulatory disclosures under SEBI guidelines. Reserves rose to ₹1,02,144.15 crores from ₹65,353.95 crores year-on-year, underscoring strong capital accumulation. Earnings per share stood at ₹17.40 for the quarter and ₹46.30 for the nine-month period, with no dividends announced yet.

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About Life Insurance Corporation Of India (LICI)

Financial Services · Insurance · Listed on NSE

Market Cap: ₹5,05,462.19 Cr P/E: 9.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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