India’s leading executives including Nitin Rakesh, Aaditya Sharda, Radhika Gupta, Kapil Jain, and Sushil Suri drive key fiscal and innovation milestones in their respective industries.
India’s economic landscape in FY25 has been marked by resilience, innovation, and sectoral leadership, with top corporates reporting robust growth across finance, infrastructure, energy, and healthcare. Companies such as Life Insurance Corporation of India (LIC), Mphasis, Indian Energy Exchange (IEX), Infra.Market, Edelweiss Mutual Fund, and Morepen Laboratories have demonstrated not only financial strength but also a clear vision for the future, underpinned by strategic innovation and sustainable practices. From record-breaking premiums by LIC, to AI-powered engineering at Mphasis, and green infrastructure leadership from Infra.Market, these organizations have charted a course for India’s dynamic growth. Spearheaded by industry leaders Nitin Rakesh, Aaditya Sharda, Radhika Gupta, Kapil Jain, and Sushil Suri, these companies are setting new standards, both locally and globally.
LIC Reports ₹2.27 Trillion in New Business Premiums for FY25, Hits Lifetime High in Individual Premiums
LIC achieved a remarkable milestone with ₹2.27 trillion in New Business Premiums (NBP) for FY25, including an all-time high of ₹62,405 crore in individual premiums. The corporation, which dominates over 57% of the life insurance market in India, saw individual premiums grow by 8.35% year-on-year, affirming public trust in its services. Despite regulatory shifts such as the new surrender value norms introduced in October 2024, LIC managed to issue 1.78 crore new policies. Group premiums accounted for ₹1.64 trillion, a slight dip of 0.40% compared to the previous year. Notably, in March 2025 alone, individual premiums surged by 10.75% to ₹10,022 crore. LIC’s enduring presence continues to be a pillar in India’s insurance sector, with consistent performance and adaptability in a dynamic market.
Mphasis Delivers Record Growth in FY25, Driven by Tech and AI Innovation
Mphasis reported a strong performance in FY25 with revenues reaching INR 142.2 billion, marking a 6.7% year-on-year increase. The company achieved its highest-ever earnings per share at ₹89.9, reflecting a 9.1% rise. CEO Nitin Rakesh stated, “We are pleased with broad-based performance, reporting the highest QoQ growth in 12 quarters.” Mphasis secured USD 1.27 billion in total contract value, with 85% in next-gen services, showcasing its leadership in cloud computing, AI, and digital transformation. Recognitions include the 2025 Cybersecurity Excellence Award and being listed among leaders in Everest Group’s Data and AI Services. Key strategic wins include modernizing data infrastructure for a North American bank and developing a healthcare platform, affirming Mphasis’ position as a global tech innovator.
IEX Reports Record Growth in FY2025, Highest Ever Traded Electricity Volumes
The Indian Energy Exchange (IEX) achieved its highest-ever traded electricity volumes in FY25, crossing 121 billion units (BUs), an 18.7% increase from the previous year. It also recorded 178 lakh Renewable Energy Certificates (RECs), marking a 136% rise. IEX’s consolidated profit after tax reached INR 429.2 crore, up 22.3%, with revenues growing 19.3% to INR 657.4 crore. The Day Ahead Market (DAM) clearing price decreased by 14.7% to INR 4.47/unit, reflecting stable coal supply. Its gas exchange, IGX, also posted a 47% annual growth. IEX’s subsidiary ICX became India’s first I-REC issuer, with a 964% surge in revenue, showcasing the company’s growing footprint in India’s evolving energy sector.
Infra.Market Expands Green Building Portfolio to Drive Sustainable Infrastructure
Infra.Market is accelerating its commitment to sustainability by expanding its range of eco-friendly building materials, including Ready-Mix Concrete, AAC Blocks, and Engineered Wood. The company’s CII-GreenPro certified AAC Blocks use up to 70% fly ash, significantly reducing the construction sector’s CO₂ emissions. Co-founder Aaditya Sharda remarked, “Sustainability is central to our growth. Every solution we offer contributes to a greener, resilient future.” Infra.Market’s RMC plants cut cement use by 66%, and all water is recycled on-site. Even its modular furniture complies with ISO 14001:2015 standards. As a member of the Indian Green Building Council, Infra.Market is at the forefront of green construction in India.
Edelweiss Launches India’s First Internet Economy Index Fund
Edelweiss Mutual Fund introduced the Edelweiss BSE Internet Economy Index Fund, offering investors access to India’s rapidly growing digital economy. Open for subscription till May 9, 2025, the fund mirrors the BSE Internet Economy Total Return Index, focusing on sectors like e-retail, fintech, and digital services. Managing Director Radhika Gupta said, “India’s digital economy is growing four times faster than GDP, and this fund allows investors to benefit from this transformation.” With a minimum investment of ₹100, the fund is aimed at diversifying portfolios in line with India’s digital growth story.
Morepen Laboratories Launches Four New Products to Strengthen Healthcare Innovation
Morepen Laboratories has introduced four new products—Ticapen, UdoFix, LycoMore, and Acifix—to address cardiology, hepatology, nutrition, and gastroenterology needs. Chairman Sushil Suri emphasized the company’s focus on affordable innovation, with all APIs produced at their USFDA-approved facilities. Ticapen targets heart conditions, UdoFix enhances liver health, LycoMore boosts immunity, and Acifix offers paan-flavored GERD relief. Morepen is aiming for ₹1,000 crore in formulation revenues within five years, supporting India’s growing pharma market.
Conclusion
As India strides confidently towards becoming a $5 trillion economy, the performance of its corporate giants in FY25 provides a blueprint for balanced growth rooted in innovation, inclusivity, and sustainability. The achievements of LIC, Mphasis, IEX, Infra.Market, Edelweiss, and Morepen underline a broader trend of industry-led transformation that aligns with national goals of economic empowerment and global competitiveness. Through strong leadership and a relentless focus on excellence, these organizations not only weathered market challenges but emerged as pioneers of progress in their respective sectors. Their continued evolution will undoubtedly shape the contours of India’s financial and industrial landscape in the years ahead.
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