Life Insurance Corporation of India posted a 31.92 per cent YoY profit growth in the second quarter of FY26. The public sector company’s standalone profit after tax (PAT) grew to Rs 10,053 crore in Q2 FY26, compared to a PAT of Rs 7,620 crore in Q2 FY25.

Furthermore, LIC’s Net Premium Income increased by 5.4 per cent YoY in the quarter. The insurer’s Net Premium Income stood at Rs 1,26,479 crore in Q2 FY26, while the same was Rs 1,19,900 crore in the corresponding quarter of the previous fiscal.

R Doraiswamy, CEO & MD of LIC, said that the company is very optimistic about the positive impact of the GST changes announced for the Insurance Industry by the Government.

“It is our firm belief that these changes are in the best interest of customers and will lead to further accelerated g

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