LIC Q4 results: Net profit jumps 38% to Rs 19,013 crore, insurer declares Rs 12 dividend

Life Insurance Corporation of India (LIC) has announced a significant 38 percent increase in net profit for the fourth quarter ending March 2025, reaching Rs 19,013 crore. This robust performance underscores LIC's strategic initiatives and effective management amid a competitive insurance market. The impressive growth in profits highlights the company's resilience and ability to adapt to changing market dynamics. In addition to the remarkable profit surge, LIC has declared a dividend of Rs 12 per share, reflecting its commitment to delivering value to its shareholders. This dividend announcement is likely to bolster investor confidence and attract further interest in LIC's shares. The decision to distribute dividends aligns with the corporation's ongoing strategy to maintain shareholder satisfaction while reinvesting in business growth. The strong quarterly results and dividend declaration come at a time when LIC continues to expand its footprint and diversify its product offerings. The corporation's focus on enhancing customer experience and leveraging digital platforms has been pivotal in achieving these financial milestones. As LIC navigates future challenges, its solid financial performance sets a promising foundation for sustained growth and development in the coming years.

— Authored by Next24 Live