LIC of India

Life Insurance Corporation of India reported a profit after tax of Rs 21,040 crore for the six months ended September 30, 2025, marking a 16.36% increase from Rs 18,082 crore in the same period last year. Total premium income grew 5.14% to Rs 2,45,680 crore. The company maintained its market leadership position with 59.41% overall market share, though this declined from 61.07% in the previous year. Individual business market share stood at 37.21% and group business at 72.74%. Value of New Business increased 12.30% to Rs 5,111 crore with VNB margin expanding by 140 basis points to 17.6%. Individual Non-Par APE surged 30.47% to Rs 6,234 crore, raising its share within individual business to 36.31% from 26.31% previously. Assets under management grew 3.31% to Rs 57.23 lakh crore. The overall expense ratio improved by 146 basis points to 11.28%. Solvency ratio strengthened to 2.13 from 1.98. However, individual new business premium income declined 3.54% to Rs 28,491 crore, and the number of individual policies sold dropped 20.83% to 72.6 lakh. CEO MD Shri R Doraiswamy expressed optimism about GST changes for the insurance industry and highlighted successful product and channel diversification strategies.

Life Insurance Corporation of India has outlined its strategic guidance focusing on sustained premium growth and expanding Value of New Business margins through product mix optimization and growth in the non-participating segment. The company plans to strengthen its bancassurance, digital platforms, and cross-selling initiatives to boost market share. LICI is targeting embedded value growth and persistency improvement as part of its strategic objectives.

LIC reported a net profit of 100.5 billion rupees for the quarter, marking a significant increase from 76.2 billion rupees in the same period last year. The company's revenue also grew to 1.26 trillion rupees compared to 1.2 trillion rupees year-over-year. The results show strong financial performance with both profit and revenue registering growth.