LIC Q1FY27: Net Profit Soars 24% to ₹13,584 Crore
By ThePip Desk
Life Insurance Corporation of India (LIC) reports a strong Q1FY27 with consolidated net profit jumping 23.98% to Rs 13,584.25 crore, driven by a 6.69% rise in total income.
Life Insurance Corporation of India (LIC) has announced a significant surge in its consolidated net profit, marking a 23.98% rise for the first quarter ended June 30, 2026 (Q1FY27).
The state-owned insurer’s robust performance saw its consolidated net profit climb to Rs 13,584.25 crore, compared to Rs 10,957.05 crore recorded in the same quarter of the previous fiscal year.
Consolidated Financial Overview
- Q1FY27 Consolidated Net Profit: Rs 13,584.25 crore
- Previous Year (Q1FY26) Consolidated Net Profit: Rs 10,957.05 crore
- Year-on-year Consolidated Profit Growth: 23.98%
- Q1FY27 Consolidated Total Income: Rs 2,38,557.67 crore
- Previous Year (Q1FY26) Consolidated Total Income: Rs 2,23,605.04 crore
- Year-on-year Consolidated Income Growth: 6.69%
On a standalone basis, LIC also reported strong financial results for the quarter, reinforcing its overall growth trajectory.
The company’s standalone net profit increased by 22.81%, demonstrating solid operational gains.
Standalone Performance Metrics
- Q1FY27 Standalone Net Profit: Rs 13,492.03 crore
- Previous Year (Q1FY26) Standalone Net Profit: Rs 10,986.51 crore
- Year-on-year Standalone Profit Growth: 22.81%
- Q1FY27 Standalone Total Income: Rs 2,37,847.70 crore
- Previous Year (Q1FY26) Standalone Total Income: Rs 2,22,863.61 crore
- Year-on-year Standalone Income Growth: 6.72%
Both consolidated and standalone figures highlight a quarter of significant income and profit expansion for Life Insurance Corporation of India, reflecting a positive start to the fiscal year.