Q3 Results Highlights: LIC Q3 net profit up 16% YoY to ₹11,009 crore, net premium income falls 9%
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5 min read | Updated on February 07, 2025, 18:22 IST
SUMMARY
Q3 Results on February 7: Life Insurance Corporation of India (LIC) declared a net profit of ₹11,009 crore for the third quarter of the current fiscal year (Q3 FY25), marking a jump of 16% as against ₹9,467 crore in the year-ago quarter. Mahindra & Mahindra posted a 19% increase in its standalone net profit to ₹2,964.31 crore.

More than 190 companies announced their Q3 FY25 earnings on Friday, February 7, 2025. | Image: Shutterstock
LIC Q3: Key highlights for 9M FY25
As per a company press release, here are the highlights for LIC 9M FY25 as of December 31, 2024:
Net profit jumped 8.27% to ₹29,138 crore.
Net VNB Margin (profit margin) increased by 50 bps to 17.1%.
Total premium income increased by 5.51% to ₹3,40,563 crore as compared to ₹3,22,776 crore in the year-ago period.
Solvency Ratio increased to 2.02 from 1.93.
Expense ratio reduced by 231 bps to 12.97% as against 15.28% in 9M FY24.
February 07, 2025, 18:16 PM
LIC CEO & MD on Q3 results
Siddhartha Mohanty, CEO & MD, LIC said in a company press release, “Our focus and strategy remain consistent towards changing our product and channel mix to serve the needs of our customers, in a dynamic environment. For the nine-month period ended December 31, 2024, the Non-Par share within the individual business increased to 27.68%, on an APE basis, as compared to 14.04% for the same period last year. Further, the VNB margin has also improved to 17.1% for the nine-month period ended December 31, 2024, as compared to 16.6% for the same period last year. LIC continues to be committed to serving society through higher insurance coverage in the country."
"LIC’s Bima Sakhi Yojana, for the empowerment of women by offering them a career in insurance sales as an agent, was launched by the Hon’ble Prime Minister on 9th December 2024. To date, more than 1.25 lakh women have been registered and more than 70,000 have been appointed as Bima Sakhis. In the coming months, the outcomes of our digital transformation initiatives will be visible. We remain thankful to all our stakeholders for their support as we adapt, reimagine and realign our business to a fast-changing industry scenario," he added.
February 07, 2025, 18:20 PM
LIC Q3 Results: Net profit up 17% YoY to ₹11,056 crore
Life Insurance Corporation of India (LIC) posted a 16% year-on-year (YoY) jump in its net profit to ₹11,009 crore for the third quarter of the current fiscal year (Q3 FY25). Its net profit in the year-ago period stood at ₹9,467 crore.
The net premium income of the LIC fell 9% YoY to ₹1.07 lakh crore as against ₹1.17 lakh crore.
February 07, 2025, 18:03 PM
Sun TV declares interim dividend
Sun TV Network on Friday announced that its Board of Directors has approved an interim dividend of ₹2.5 per equity share with a face value of ₹5 per share.
February 07, 2025, 17:23 PM
Sun TV Q3 Results: Net profit falls 21% to ₹347.17 crore
Sun TV Network Limited announced its Q3 FY25 earnings on Friday, posting a 20.6% decline in its net profit to ₹347.17 crore against ₹437.34 crore in the year-ago quarter.
The company's revenue from operations fell to ₹793.59 crore, down 10.3% from ₹885.48 crore in Q3 FY24.
February 07, 2025, 17:21 PM
Delhivery Q3 Results: Net profit jumps to ₹25 crore
Delhivery Limited on Friday posted a 113.5% jump in its net profit to ₹24.98 crore for Q3 FY25 as compared to ₹11.7 crore in the year-ago period.
The company's revenue from operations jumped 8.37% to ₹2,378.3 crore from ₹2,194.4 crore reported in Q3 FY24.
February 07, 2025, 17:14 PM
Borosil Q3 Results: Net profit down 6.4% to ₹35.5 crore
Borosil Limited on Friday posted a 6.4% decline in its net profit for the quarter that ended on December 31, 2024 (Q3 FY25) to ₹35.5 crore, down from ₹37.3 crore in the year-ago quarter.
The company's revenue, however, jumped 11.3% to ₹338 crore as against ₹303.8 crore reported in Q3 FY24.
February 07, 2025, 17:08 PM
Happy Forgings Q3 Results: Net profit up 12% to ₹65 crore
Happy Forgings on Friday announced its Q3 FY25 earnings, reporting a consolidated net profit of ₹64.5 crore, up 11.59% from ₹57.8 crore posted in the year-ago quarter.
The company's revenue from operations jumped 3.6% to ₹354.3 crore as against ₹341.9 crore reported in Q3 FY24.
February 07, 2025, 16:27 PM
LIC shares end 2% lower
Life Insurance Corporation shares on Friday ended 2.15% down at ₹811 apiece on the NSE. Its market capitalisaton dropped to ₹5,12,957.31 crore.
February 07, 2025, 16:04 PM
Alkem Laboratories shares trade in the red
The scrip of Alkem Laboratories Limited is trading 1.97% down at ₹5,152.30 apiece on the NSE on Friday, February 7. The company's market cap stands at ₹61,603.47 crore.
February 07, 2025, 15:41 PM
Alkem Laboratories Q3 profit advances 5% to ₹626 crore
Pharma company Alkem Laboratories on Friday said its consolidated profit after tax (PAT) increased 5% to ₹626 crore in latest December quarter. A year back, the drug maker posted a net profit of ₹595 crore.
February 07, 2025, 15:38 PM
Balrampur Chini Mills' net profit falls 23% to ₹70.5 crore
Sugar manufacturer Balrampur Chini Mills posted a 22.83% decline in its consolidated net profit to ₹70.47 crore in the third quarter of FY25 as against ₹91.32 crore in Q3 FY24.
February 07, 2025, 15:28 PM
Mazagon Dock Shipbuilders Q3 revenue jumps 33% to ₹3,144 crore
Mazagon Dock Shipbuilders' revenue from operations surged 33% to ₹3,143.62 crore in the quarter ended December 2024, compared to ₹2,362.47 crore in the year-ago quarter.
February 07, 2025, 15:12 PM
Mazagon Dock Shipbuilders Q3 results: Net profit rises 29% to ₹807 crore
Mazagon Dock Shipbuilders reported a 28.75% increase in its consolidated net profit to ₹807.04 crore in Q3 FY25 as against ₹626.78 crore a year back.
February 07, 2025, 15:12 PM
Ola Electric Q3 Results: Consolidated net loss widens to ₹564 crore
Ola Electric on Friday reported a widened consolidated net loss of ₹564 crore for the December quarter (Q3 FY25) as against ₹376 crore in the year-ago period.
The company's consolidated revenue from operations declined by 19.36% year-on-year (YoY) to ₹1,045 crore from ₹1,296 crore in Q3 FY24.
February 07, 2025, 14:49 PM
M&M Q3: Key highlights
The automaker's earnings before interest, taxes, depreciation, and amortisation (EBITDA) in Q3 FY25 stood at ₹4,810 crore, up 32% as against ₹3,649 crore in the year-ago quarter.
During the October-December quarter (Q3 FY25), the company sold 2,45,499 vehicles, up 16% from 2,11,443 vehicles in Q3 FY24. It also reported a 20% year-on-year (YoY) increase in tractor sales to 120,624.
On a consolidated basis, the company's net profit increased to ₹3,181 crore in Q3 FY25, up 20% as compared to ₹2,658 crore in Q3 FY24. Its revenue increased 17% YoY to ₹41,470 crore.
February 07, 2025, 14:28 PM
M&M MD and CEO on Q3 results
Mahindra & Mahindra's Managing Director and Chief Executive Officer (CEO) Anish Shah, said, "Our businesses continue to demonstrate strength in execution. Auto and Farm delivered solid performance on market share and margins on the back of focused execution. The transformation at TechM is gathering momentum. MMFSL continues to balance asset quality and growth priorities, with GS under 4% on the back of strong AUM growth. Our Growth Gems are demonstrating steady progress towards their long-term objectives."
February 07, 2025, 14:25 PM
M&M shares trade lower
Mahindra & Mahindra shares are trading 0.15% lower at ₹3,135 apiece on the NSE following its Q3 FY25 earnings announcement on Friday, February 7. Its market capitalisation stands at ₹3,89,883.59 crore.
February 07, 2025, 14:24 PM
Mahindra & Mahindra Q3 Results: Net profit up 19% to ₹2,934 crore
Mahindra & Mahindra on Friday reported a 19% increase in its standalone net profit to ₹2,964.31 crore for the October-December quarter of the current financial year (Q3 FY25), as against ₹2,489.73 crore reported in the year-ago quarter.
The carmaker's revenue from operations increased to ₹30,538.23 crore in the reporting quarter, up 20.3% as compared to ₹25,382.88 crore in the previous fiscal year.
February 07, 2025, 13:55 PM
Ola Electric shares fall over 3%
Following the Q3 earnings announcement, the shares of Ola Electric Mobility are trading 3.01% down at ₹69.68 apiece on the NSE on Friday. The company's market cap stands at ₹30,734.66 crore.
February 07, 2025, 13:53 PM
Ola Electric Q3 Results: Net profit at ₹33 crore, revenue rises
Ola Electric Mobility announced its financial earnings for the third quarter of the current fiscal (Q3 FY25) on Friday, February 1, posting a standalone net profit of ₹33 crore. The company's net loss stood at ₹14 crore in Q3 FY24.
The EV maker's revenue from operations stood at ₹1 crore, while its total expenses stood at ₹20 crore for the reporting quarter.
February 07, 2025, 13:43 PM
M&M Q3 Preview
Mahindra & Mahindra is scheduled to announce its Q3 FY25 earnings on Friday, February 7. As per analysts, the company is expected to post strong volume growth for both the auto business and tractors segment in the reporting quarter. M&M's topline is expected to grow by over 20% in the quarter under review.
February 07, 2025, 13:14 PM
SBI shares trade in red on Friday
Following the Q3 FY25 earnings announcement on Thursday, State Bank of India shares are trading 1.5% lower at ₹741 apiece on the NSE on Friday. The bank reported an 84% jump in its net profit to ₹16,891 crore, and its net interest income (NII) increased by 4% to ₹41,446 crore.
February 07, 2025, 12:34 PM
Fortis Healthcare shares fall
Fortis Healthcare Limited shares are trading 0.23% down at ₹649.60 apiece on the NSE on Friday. The company is scheduled to announce its Q3 earnings today, February 6.
February 07, 2025, 12:17 PM
LIC shares trade lower
The scrip of Life Insurance Corporation Of India is trading 0.69% lower at ₹823.1 apiece on the NSE ahead of its financial results announcement for the third quarter of the current fiscal (Q3 FY25).
February 07, 2025, 11:14 AM
Ola Electric Mobility shares trade in the red
Ahead of the Q3 FY25 earnings announcement, Ola Electric Mobility shares are trading 0.92% down at ₹71.18 apiece on the NSE on Friday, February 7. The market capitalisation of the company stands at ₹31,396.29 crore.
February 07, 2025, 10:24 AM
Mahindra & Mahindra shares rise
Shares of carmaker Mahindra & Mahindra Ltd rose 0.69% to ₹3,161.60 per unit on the National Stock Exchange (NSE) on Friday ahead of the earnings announcement.
February 07, 2025, 09:53 AM
BSE shares rise after Q3 profit doubles to ₹220 crore
Shares of BSE Ltd were trading 0.58% higher at ₹5,600 apiece on Friday, reported the stock exchange's net profit doubled to ₹220 crore for three months ended December 2024.
In the year-ago quarter, the net profit was at ₹108.2 crore.
February 07, 2025, 09:36 AM
NIFTY, SENSEX flat ahead of RBI MPC Meeting 2025 outcome
The stock exchanges traded flat ahead of the RBI MPC Meeting outcome on Friday, February 7. The NIFTY50 fell 0.1% to 23,580.30, while the SENSEX was down 71 points to 77,986.68 in the early trade.
February 07, 2025, 09:24 AM
LIC to announce Q3 earnings
Life Insurance Corporation of India (LIC) will release its financial results for the third quarter of the current fiscal year on Friday, February 7.
February 07, 2025, 09:09 AM
ITC share price in focus post Q3 results
February 07, 2025, 09:08 AM
Q3 Results Live Updates: LIC, Ola Electric, Mahindra & Mahindra, Oil India, to declare earnings on Feb 7
February 07, 2025, 09:07 AM