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LIC Q3 Net Profit Soars 17% to Rs 12,930 Crore, Maintains Market Lead

Life Insurance Corporation of India (LIC) reported a robust 17% year-on-year increase in its consolidated net profit for the third quarter of FY26, reaching Rs 12,930 crore. The insurer's net premium income for the quarter rose to Rs 1,25,988.15 crore. For the nine-month period, LIC maintained its market leadership with a 57.07% share of the life insurance business, driven by growth in both individual and group segments. The company's total premium income for the nine months grew by 9.02% to Rs 3,71,293 crore.

Key Points: LIC Q3 Profit Rises 17% to Rs 12,930 Crore

  • 17% rise in Q3 net profit
  • 57% market share maintained
  • 9% growth in total premium income
  • Strong group business growth at 13.56%
2 min read

LIC clocks 17 per cent rise in Q3 net profit at Rs 12,930 crore

LIC reports a 17% jump in Q3 net profit to Rs 12,930 crore and maintains its dominant 57% market share in Indian life insurance.

"LIC continues to be the market leader... with an overall market share of 57.07 per cent - Company Statement"

Mumbai, Feb 5

Life Insurance Corporation of India reported a consolidated net profit of Rs 12,930 crore for Q3 FY26, marking a 17 per cent year-on-year increase from the Rs 11,008.65 crore net profit reported in Q3 FY25.

The insurer's net premium income, meanwhile, rose to Rs 1,25,988.15 crore during the third quarter of FY 26.

The standalone net profit for the nine months ended December 31, 2025, was Rs 33,998 crore as compared to Rs 29,138 crore for the nine months ended December 31, 2024, registering a growth of 16.68 per cent, according to a company statement.

In terms of market share measured by First Year Premium Income (FYPI) (as per IRDAI), LIC continues to be the market leader in the Indian life insurance business with an overall market share of 57.07 per cent for the nine months ended December 31, 2025, as compared to 57.42 per cent for the nine months ended December 31st 2024. For the nine months ended December 31, 2025, LIC had a market share of 35.84 per cent in the individual business and 71.36 per cent in the group business.

The total premium Income for nine months period ended December 31, 2025, was Rs 3,71,293 crore as compared to Rs 3,40,563 crore compared to the same period of the previous year, registering a growth of 9.02 per cent.

Individual New Business premium income for the nine-month period ended December 31, 2025, was Rs 44,941 crore as compared to Rs 42,441 crore for the same period of the previous year, registering an increase of 5.89 per cent. The individual renewal premium income for nine months period ended December 31, 2025, was Rs 1,91,050 crore as compared to Rs 1,78,975 crore for the same period of the previous year, registering an increase of 6.75 per cent.

The total individual business premium for the nine-month period ended December 31, 2025, increased to Rs 2,35,991 crore from Rs 2,21,416 crore for the comparable period of the previous year, registering an increase of 6.58 per cent. The group business total premium income for nine months period ended December 31, 2025, was Rs 1,35,302 crore as compared to Rs 1,19,147 crore for the same period of the previous year, registering an increase of 13.56 per cent.

- IANS

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Reader Comments

P
Priyanka N
Impressive numbers! A 17% profit jump is no small feat. But I hope some of this profit is used to improve customer service and claim settlement times. Sometimes the process feels very slow and old-fashioned compared to private players.
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Rohit P
Market share still above 57%! That's the power of brand LIC. My father, me, and now I'm planning for my son's policy with LIC only. It's about trust, not just numbers. Wishing them continued success! 🇮🇳
A
Andrew M
As an investor, these are very healthy figures. The group business growth of over 13% is particularly strong. Shows robust institutional confidence. Good for the overall market sentiment.
N
Nisha Z
Solid performance. But the individual new business premium growth is only around 6%. Maybe they need more attractive and flexible plans for younger customers? Everyone is going for ULIPs and term plans online now.
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Karthik V
Bhai, 1.25 lakh crore net premium in just one quarter! That's mind-blowing. LIC is truly a mammoth. This profit should reflect in the dividend for the government, which ultimately benefits public spending. Good news all around.

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