LIC Q1: Profit Rises 5% to ₹10,987 Crore, Net Premium Income Up 5%

Speedy Summary

• LIC Q1 Results Overview: Life Insurance Corporation (LIC) reported a 5% YoY increase in net profit, achieving ₹10,987 crore for Q1FY26. Net premium income also rose 5% YoY to ₹1.19 lakh crore.
• Market Share Leadership: LIC maintained dominant market share of 63.51% in First Year Premium Income,with 38.76% in the Individual segment and 76.54% in Group business.
• Premium Growth Breakdown:

– Individual premium income rose by 6% YoY to ₹71,474 crore.
– Group premium income went up by 2.46%, reaching ₹47,726 crore.

• Number of individual policies sold decreased by 14.75% to 30.39 lakh
• Non-Par products surged 33% YoY, now accounting for a larger share (30.34%) within individual businesses compared to last year (23.94%).
• Annualized Premium Equivalent stood at ₹12,652 crore; individual business contributed 56%.

• Profitability Indicators:

– Value of New Business (VNB) increased by 21%,rising to ₹1944 crore.
– VNB margin improved from the previous year’s margin by expanding up150 basis poionts/
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