New Delhi New Delhi: Life Insurance Corporation of India (LIC) on Thursday reported that its net profit rose 5 per cent to Rs 10,987 crore in the June quarter of FY2026.
The state-owned life insurer had posted a net profit of Rs 10,461 crore in the first quarter a year ago.
The total income during the latest June quarter rose to Rs 2,22,864 crore as against Rs 2,10,910 crore in the same period a year ago, LIC said in a regulatory filing.
During the quarter under review, the first-year premium rose to Rs 7,525 crore as against Rs 7,470 crore in the same period a year ago, LIC said.
The insurer earned Rs 59,885 crore from renewal premium as against Rs 56,429 crore in FY2025.
Net income from investments rose to Rs 1,02,930 crore during the quarter, as against Rs 96,183 crore in the April-June period of the previous fiscal.
