LIC shares in focus after Q3 PAT jumps 15% YoY to Rs 11,009 crore
Life Insurance Corporation of India (LIC) shares will be in focus on Monday after the company reported a 16% year-on-year (YoY) growth in consolidated net profit for the December quarter, reaching Rs 11,009 crore compared to Rs 9,469 crore in the same period last year.
The net premium income in Q3FY25 stood at Rs 1,07,302 crore, down 9% from Rs 1,17,432 crore reported in the corresponding quarter of the last financial year.
The profit after tax (PAT) jumped 42% on a sequential basis versus Rs 7,729 crore reported by the state insurer in Q2FY25.
Meanwhile, the net premium income fell 11% on a quarter-on-quarter basis against Rs 1,20,326 crore in the July-September quarter of FY25.
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