Written by Today, LIC witnessed a strong rally following its Q4 results, with the stock gaining over 8% during intraday trade. It opened at ₹892, briefly dipped to an intraday low of ₹888, and then surged to a high of ₹948, reflecting renewed investor confidence and positive market sentiment.
Life Insurance Corporation of India (LIC) delivered a strong financial performance in Q4 FY25, reporting a 38% year-on-year surge in net profit to ₹19,013 crore. For the full financial year, the insurance giant posted a profit of ₹48,151 crore, marking an 18% rise compared to the previous year.
Despite the impressive earnings growth, LIC faced a notable decline in new policy sales, indicating some pressure on its core business operations. This mixed trend highlights the need for diversification and strategic adjustments.
In a move that signals expansion in the healthcare segment, the board is expected to soon make a decision on acquiring a stake in a health insurance company, which could help strengthen LIC’s position in the growing health insurance market.
LIC’s performance reflects robust financial management and investment gains, even as it navigates challenges in its traditional policy business. Investors and policyholders will be watching closely for the upcoming strategic developments.