LIC Q2 net profit rises 31% to ₹10,098 cr.

Net premium income during the quarter at ₹1,26,930 crore was up 5.5% from ₹1,20,326 crore in the same period last year.
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Dado Ruvic

Life Insurance Corporation of India (LIC) for the second quarter ended September 30, 2025 reported 31% growth in consolidated net profit at ₹10,098 crore as compared with ₹7,729 crore in the year ago period. 

Net premium income during the quarter at ₹1,26,930 crore was up 5.5% from ₹1,20,326 crore in the same period last year.

The company’s net profit for the half year ended September 30th, 2025 was ₹21,040 crore as compared with ₹18,082 crore in the year ago period, up 16.36%.

In terms of market share measured by First Year Premium Income (FYPI) (as per IRDAI), LIC continued to be the market leader in Indian life insurance business with overall lower market share of 59.41% for half year ended September 30th 2025 as compared with 61.07% in the year ago period. 

The Total Premium Income for first six months was ₹2,45,680 crore as compared with ₹2,33,671 crore a year ago, up 5.14%.

R Doraiswamy, CEO & MD, LIC said, “From a business perspective during the first half of this year, LIC has once again demonstrated the successful implementation of its strategy pertaining to both product and channel diversification, that we have been pursuing since our listing.” 

“We are very optimistic about the positive impact of the GST changes announced for the Insurance Industry. It is our firm belief that these changes are in the best interest of customers and will lead to further accelerated growth of the life insurance industry in India. We have ensured that all intended benefits of GST changes are passed onto the customers,” he added.