Mumbai15 minutes ago
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Life Insurance Corporation of India (LIC), the country’s largest insurance company, has made a profit of Rs 10,098 crore in the second quarter of the financial year 2025-26. It has increased by 30.65% on annual basis. The company had made a profit of ₹7,729 crore in the same quarter last year.
In the July-September quarter, Rs 1,26,930 crore was deposited in the company as premium. This is 5.49% more than the same period in 2025, when people had deposited premium of ₹1,20,326 crore.
Insurance installment is premium, it can be quarterly, half yearly or even annually. The amount accumulated through all three premiums during this time frame is the net premium income. At the same time, total income increased by 7.54% annually to ₹ 2,40,454 crore.
LIC shares have risen 14% in 6 months
Before the results, today i.e. on 6th November, LIC shares fell by 1.29% and closed at Rs 894. The company’s shares have fallen 1.45% in the last one month, 5.42% in a year and this year i.e. 0.27%. However, it has increased by 13.98% in the last 6 months. LIC comes among the top-10 most valuable companies of the country, with a market cap of Rs 5.66 lakh crore.
LIC was started in 1956
Life Insurance Corporation of India (LIC) was established in 1956. According to the report till financial year 2024-25, LIC’s share in the country’s policy market is 65.83%. In the last financial year, LIC had issued 1.78 crore policies and earned first year premium income of ₹2,26,669 crore.
LIC offers insurance schemes as per the need. This includes term plans like New Tech Term and Digi Term, which are available with level or increasing sum assured and flexible premium options.
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