Life Insurance Corporation of India (LIC) disclosed a consolidated net profit of Rs 12,930 crore for the third quarter of FY26, showing a 17% increase from the previous year’s Rs 11,008.65 crore. Additionally, the insurer’s net premium income surged to Rs 1,25,988.15 crore during the same quarter.
For the nine months ending December 31, 2025, LIC’s standalone net profit stood at Rs 33,998 crore, up from Rs 29,138 crore in the corresponding period of 2024, marking a growth of 16.68%. The company statement confirmed these figures.
LIC maintained its position as the leading player in the Indian life insurance sector, holding an overall market share of 57.07% for the nine months ending December 31, 2025, compared to 57.42% for the same period in 2024. Specifically, LIC captured a market share of 35.84% in individual business and 71.36% in group business during the same period.
The total premium income for the nine months ending December 31, 2025, reached Rs 3,71,293 crore, up by 9.02% from Rs 3,40,563 crore in the corresponding period of the previous year. Individual New Business premium income for the same period was Rs 44,941 crore, showing a 5.89% increase from the previous year. The individual renewal premium income also saw growth, reaching Rs 1,91,050 crore, a 6.75% increase from the previous year.
In the individual business segment, the total premium income for the nine months ending December 31, 2025, rose to Rs 2,35,991 crore, up by 6.58% from the previous year. For group business, the total premium income for the same period was Rs 1,35,302 crore, marking a 13.56% increase from the previous year.
