# LIC Q1 Profit Rises 23% to Rs 13,492 Crore

2026-08-06T14:51:12+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Life Insurance Corporation of India reported a standalone net profit of Rs 13,492 crore for the June quarter, up 22.8% from a year earlier. Total premium income rose 6.8% to Rs 1,27,250 crore, while Value of New Business climbed 61.3% to Rs 3,136 crore. The net VNB margin widened to 22.9% from 15.4%. LIC sold 31,02,281 individual policies, up 2.06%, and its assets under management rose 4.1% to Rs 59.39 lakh crore. Its solvency ratio improved to 2.42. LIC retained a 60.10% first-year premium market share, including 38.89% in individual business and 70.90% in group business. The Hindu reports that the government’s recent offer for sale took its stake to 90%.

## Coverage

- livemint.com <https://www.livemint.com/market/lic-q1-results-net-profit-rises-23-yoy-to-rs-13-492-crore-vnb-jumps-61-11786017351195.html>
- thehindu.com <https://www.thehindu.com/business/Industry/lic-q1-net-up-23-to-13492-cr-on-higher-premium-and-new-biz/article71314713.ece>
- bfsi.economictimes.indiatimes.com <https://bfsi.economictimes.indiatimes.com/articles/lic-expects-valuation-to-improve-after-ofs-wider-public-float-should-aid-price-discovery-r-doraiswamy/133006372>

Tags: insurance, IRDAI, LIC, Q1 results, VNB
Canonical: https://indianopinion.org/lic-q1-profit-rises-23-to-rs-13492-crore/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/lic-q1-profit-rises-23-to-rs-13492-crore/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.
