LIC Q1 Net Profit Rises 23% to ₹13,492 Crore; Value of New Business Jumps 61%

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Finance

6 August 2026 at 5:59 pm

LIC Q1 Net Profit Rises 23% to ₹13,492 Crore; Value of New Business Jumps 61%

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Summary

LIC reported a 23% year-on-year increase in net profit to ₹13,492 crore for Q1, with total premium income rising by 6.8% and Value of New Business jumping 61%. The company maintains a 60.10% market share in the Indian life insurance sector.

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