NEW DELHI: Life Insurance Corporation of India (LIC) on Thursday reported a robust 32 per cent increase in standalone net profit to Rs 10,053.39 crore for the second quarter of the current financial year, compared with the corresponding figure of Rs 7,620.86 crore in the same period of the previous financial year.

LIC’s net premium income grew 5.5 per cent year-on-year to Rs 1.26 lakh crore during the July-September quarter from 1.2 lakh crore in the same period last year while the solvency ratio increased to 2.13 per cent from 1.98 per cent in the year-ago period.

The asset quality for policyholders' funds also improved during the quarter as NPA fell to Rs 3.94 per cent from Rs 6.17 per cent in Q2 FY25.

In the first six months of FY26 (H1FY26), LIC's net profit amounted to Rs 21,040 c

See Full Page