LIC Delivers ₹7,324 Crore Dividend Cheque to Finance Minister for FY25

Life Insurance Corporation of India (LIC) has paid a dividend of ₹7,324.34 crore to Finance Minister Nirmala Sitharaman for the financial year 2024-25. The dividend was cleared at the insurer’s annual general meeting on August 26, 2025.

Presentation of Cheque

The cheque was handed over by LIC CEO and Managing Director R Doraiswamy. He was joined by Department of Financial Services Secretary M Nagaraju, Joint Secretary Parshant Kumar Goyal, and other senior officials during the presentation.

Asset Base and Market Position

LIC reported an asset base of ₹56.23 lakh crore as of March 31, 2025. The corporation continues to hold the leading share in India’s life insurance market, measured by first-year premium income. 

LIC Q1FY26 Earnings Results

For the April-June 2025 quarter (Q1 FY26), LIC posted a consolidated net profit of ₹10,985 crore. This was a 4.11% increase from ₹10,551 crore in the same quarter of the previous year. On a standalone basis, profit stood at ₹10,986.51 crore, up 5% year-on-year.

The company’s net premium income rose to ₹1.2 lakh crore in Q1 FY26, compared with ₹1.14 lakh crore in Q1 FY25, marking a 4.71% growth. The non-par annualised premium equivalent (APE) in its individual business accounted for 30.34% of the share, up from 23.94% a year earlier.

Individual non-par APE rose 32.6% to ₹2,142 crore, while group business APE grew 16.1% to ₹5,590 crore. Overall, APE increased 9.4% to ₹12,652 crore. The value of new business was reported at ₹1,944 crore, up 20.7% year-on-year. Assets under management grew 6.4% to ₹57.05 lakh crore during the June 2025 quarter.

Read more: Government Set to Launch LIC Stake Sale in Coming Weeks via OFS!

LIC Share Price Performance 

As of September 1, 2025, 10:40 AM, Life Insurance Corporation of India (LIC) share price was trading at ₹859.80, a 0.90% increase from the previous closing price.

Conclusion

LIC’s dividend to the government follows quarterly results showing higher profit, premium income, and business mix. Its assets and market share remain strong.

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