Life Insurance Corporation of India (LIC) announced its standalone and consolidated financial results for the six months ended September 30th, 2026. Profit After Tax (PAT) saw a substantial increase of 21.52%, reaching Rs. 25,568 crore. The company also reported growth in Value of New Business (VNB), VNB Margin, and Total Premium Income, underscoring strong operational performance.
LIC Reports Strong Financial Performance for H1 FY27
Mumbai, November 5th, 2026 – Life Insurance Corporation of India (LIC) today announced its standalone and consolidated financial results for the six months ending September 30th, 2026. The company has demonstrated robust growth, with Profit After Tax (PAT) increasing by 21.52% to Rs. 25,568 crore for the period, compared to Rs. 21,040 crore in the corresponding period of the previous year.
Key Financial and Operational Highlights
Several key operational metrics also showed positive trends:
- Value of New Business (VNB) grew by 33.95% to Rs. 6,846 crore.
- VNB Margin (Net) increased by 470 bps to 22.3%.
- Total Premium Income rose by 11.64% to Rs. 2,74,269 crore.
- Individual New Business Premium Income increased by 14.86% to Rs. 32,725 crore.
- Overall Assets Under Management (AUM) increased by 4.16% to Rs. 59,60,941 lakh crore.
- Solvency Ratio improved to 2.35 from 2.13.
Market Position and Business Segments
LIC continues to maintain its leadership position in the Indian life insurance market. For the half year ended September 30th, 2026, the company held an overall market share of 58.77%. The business breakdown shows a market share of 37.51% in the individual segment and 70.45% in the group segment.
In terms of individual business, the share of Par products on an Annualised Premium Equivalent (APE) basis was 65.98%, while Non Par products constituted 34.03%. The Group Business total premium income saw a significant increase of 19.62%.
Appointments and Board Meeting Outcomes
The Board of Directors also approved the appointment of Smt Naga Nalini Kalluri as the Chief Compliance Officer & Key Managerial Personnel (KMP), effective November 06, 2026. The Board meeting, held on November 05, 2026, considered and approved the unaudited financial results for the quarter and half-year ended September 30, 2026.
Source: BSE
