Mumbai: The Life Insurance Corporation of India (LIC) has announced a robust 16.36% increase in its Profit After Tax (PAT) for the first half of the 2026 fiscal year.

The state-owned insurer reported a PAT of Rs. 21,040 crore for the six months ending September 30, 2025, up from Rs. 18,082 crore during the same period last year.

The strong performance was supported by a 12.30% growth in the Value of New Business (VNB), which reached Rs. 5,111 crore. The company's net VNB margin also expanded by 140 basis points, rising to 17.6% from 16.2% in the previous year.

LIC's total premium income saw a 5.14% rise, reaching Rs. 2,45,680 crore for H1 FY26. Its Assets Under Management (AUM) also grew by 3.31% year-on-year to Rs. 57.23 lakh crore.

A key driver of profitability appears to be the cor

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