LIC Net Profit Surges 22.81% in Q1 2026
By ThePip Desk
Life Insurance Corporation of India (LIC) reports a significant 22.81% jump in net profit for the June 2026 quarter, reaching Rs 134,920.30 million. Revenue also shows robust growth.
Life Insurance Corporation of India (LIC) reported a substantial 22.81% increase in its net profit for the June 2026 quarter. The state-backed insurer posted a Profit After Tax (PAT) of Rs 134,920.30 million, a significant rise from Rs 109,865.10 million recorded in the corresponding previous quarter.
Key Financials: June 2026 Quarter
- LIC Net Profit (PAT): Rs 134,920.30 million, up 22.81% from Rs 109,865.10 million year-over-year.
- LIC Total Revenue (Sales): Rs 1,272,504.10 million, showing 6.75% growth from Rs 1,192,003.90 million in the year-ago period.
- LIC Other Income: Rs 1,131,405.50 million, a rise of 7.29% compared to Rs 1,054,499.50 million.
- LIC Operating Profit (PBIDT/PBDT): Surged to Rs 151,822.80 million, marking a 20.59% increase from Rs 125,898.60 million.
The company’s overall revenue, including sales, reached Rs 1,272,504.10 million in the June 2026 quarter. This represents a solid 6.75% growth compared to the Rs 1,192,003.90 million reported in the same quarter of the previous year, indicating a steady top-line expansion.
Operating profit, measured as both PBIDT and PBDT, demonstrated robust performance. It climbed to Rs 151,822.80 million from Rs 125,898.60 million, reflecting a 20.59% surge in operational efficiency. This strong operating leverage contributed significantly to the bottom-line growth.
Beyond the insurance behemoth, Shervani Industrial Syndicate announced a Profit After Tax of Rs 13.40 million for the June 2026 quarter. Similarly, Shri Gang Industrial & Allied reported a PAT of Rs 20.58 million, highlighting individual performances within the broader corporate landscape during the period.
These detailed financial results from Life Insurance Corporation, Shervani Industrial Syndicate, and Shri Gang Industrial & Allied offer crucial insights into their respective market positions and financial health following the June 2026 quarter.