LIC net up 32% at 10,000 crore

MUMBAI: Life Insurance Corporation of India (LIC) reported a 31.9% rise in net profit to Rs. 10,053 crore for the quarter ended Sept 30, 2025, compared with Rs. 7,621 crore in the same period last year, driven by higher premium income, stronger investment returns, and lower operating costs.Total income grew 4.4% to Rs. 2,39,614 crore in Q2 FY26 from Rs. 2,29,620 crore a year earlier. Net premium income increased 5.5% to Rs. 1,26,479 crore, supported by growth in renewal and group segments. Income from investments rose 2.9% to Rs. 1,12,147 crore, reflecting steady performance of the insurer’s investment portfolio.Management expenses fell 6.5% to Rs. 15,234 crore, indicating better cost control. Benefits paid to policyholders rose 8.9% to Rs. 1,06,250 crore, consistent with the expanding business base. Profit before tax increased 33.1% to Rs. 10,147 crore.The solvency ratio stood at 2.13, slightly lower than 2.17 in Q2 2024, but comfortably above the regulatory minimum. Gross NPAs in the policyholders’ fund declined to 1.34% from 1.42%, while net NPAs stayed at zero.