Life Insurance Corporation of India (LIC) reported a standalone net profit of ₹13,492 crore for the quarter ending June 30, 2026 (Q1 FY27)

Mumbai : The Board of Directors of Life Insurance Corporation of India (“LIC”) has approved and adopted the standalone and consolidated financial results for the quarter ending June 30th, 2026. Below are the key highlights of our standalone performance. The Profit after Tax (PAT) for the quarter ended June 30th, 2026 was ₹13,492 crore, compared to ₹10,986 crore for the quarter ended June 30th, 2025 registering a growth of 22.81%. In terms of market share measured by First Year Premium Income (FYPI) (as per IRDAI), LIC continues to be the market leader in Indian life insurance business with an overall market share of 60.10%. For the quarter ended June 30th, 2026, LIC held a market share of 38.89% in Individual business and 70.90% in the Group business. The Total Premium Income for quarter ended June 30th, 2026 was ₹1,27,250 crore as compared to ₹1,19,200 crore for the quarter ended June 30th 2025, registering a growth of 6.75%. The Total Individual Business Premium for the quarter ended June 30th, 2026 increased to ₹ 75,416 crore from ₹71,474 crore in the corresponding period of the previous year, showing an increase of 5.52%. The Group Business total premium income for the quarter ended June 30th, 2026 was ₹51,834 crore as compared to ₹47,726 crore for the quarter ended June 30th 2025, showing an increase of 8.61%. A total of 31,02,281 policies were sold in the individual segment during the quarter ended June 30th, 2026 as compared to 30,39,709 policies sold during the quarter ended June 30th 2025 registering an increase of 2.06%. The Yield on Investments on policyholder’s fund excluding unrealized gains was 8.28% for the quarter ended June 30th, 2026 as against 8.45% for quarter ended June 30th, 2025.

Shri R Doraiswamy, CEO & MD, LIC said: – “We are happy to maintain our leadership in both Individual and Group Business during the first quarter of this financial year, despite increasing competitive intensity in the life insurance industry. Our overall market share by First Year Premium Income was 60.10% for the first quarter of FY 2026-27 and this fits in well with our market share strategy. What gives us even more happiness is that our VNB has grown by 61% plus and our VNB margin has expanded by 7.5% to 22.90% this year. This is a direct outcome of our product diversification and distribution strategy. I want to thank all our customers and our distributors and employees for their faith and efforts in these volatile times globally. Just very recently the Government of India has sold an additional 6.5% of shares through an OFS which has been well received by the markets. I want to welcome the new shareholders through the OFS into the LIC shareholder family and also thank the existing shareholders who have participated in the OFS for their continued faith in LIC. This year on 1st September 2026 LIC shall complete 70 years of existence and we hope we will bring many occasions of joy to our customers through innovative product launches and other initiatives