New Delhi, Nov 06: Life Insurance Corporation of India (LIC) reported a 32% increase in standalone net profit for Q2 FY26, totaling Rs 10,053.39 crore, up from Rs 7,620.86 crore in Q2 FY25. Net premium income rose 5.5% to Rs 1.26 lakh crore.

The solvency ratio improved to 2.13% from 1.98%. NPA decreased to 3.94% from 6.17%. For H1 FY26, net profit reached Rs 21,040 crore, up 16.36% year-on-year.

Total premium income increased by 5.14% to Rs 2,45,680 crore, while individual business premiums rose to Rs 1,50,715 crore. CEO R Doraiswamy expressed optimism regarding the positive effects of recent GST changes on the insurance industry. LIC also ranked third globally on the Brand Strength Index, scoring 88 out of 100.

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