Life Insurance Corporation of India
This is to inform that the Board of Directors of the Corporation have approved the unaudited financial result for quarter ended June 30, 2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 06 Aug 2026, 05:06 PM IST · BSE ID: 20b5890d-9fbd-45be-9385-99519d1bee9c
View Original BSE Filing (PDF)
💡
In Simple Terms
LIC reported higher profits and business growth in the latest quarter, driven by increased new business value and premium income.
🤖 AI Summary
- Life Insurance Corporation of India's Board approved unaudited financial results for the quarter ended June 30, 2026.
- Profit After Tax increased by 22.81% to ₹13,492 crore compared to ₹10,986 crore in Q1 FY26.
- Value of New Business (VNB) rose 61.32% to ₹3,136 crore, with VNB Margin (Net) increasing 750 bps to 22.9%.
- Total Premium Income grew 6.75% to ₹1,27,250 crore, and Assets Under Management increased 4.10% to ₹59,39,384 crore.
- Solvency Ratio improved to 2.42 from 2.17, while Overall Expense Ratio increased by 16 bps to 10.63%.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit after Tax (PAT)
₹ 13,492 crore
22.81%
Total Premium Income
₹ 1,27,250 crore
6.75%
Value of New Business (Net)
₹ 3,136 crore
61.32%
VNB Margin (Net)
22.9%
Increase by 750 bps
Solvency Ratio
2.42
Increase by 25 bps
Assets Under Management
₹ 59,39,384 crore
4.10%
Overall Expense Ratio
10.63%
Increase by 16 bps
🏢 How This Affects the Company
The company maintained its market leadership with an overall market share of 60.10% in Indian life insurance, with individual business market share at 38.89% and group business at 70.90%. Product diversification is evident with Non Par APE share within Individual business increasing to 32.49% from 30.34%.
Profit After Tax rose 22.81% to ₹13,492 crore. The Solvency Ratio improved to 2.42, indicating stronger capital adequacy, while Assets Under Management increased 4.10% to ₹59,39,384 crore.
The increase in the overall expense ratio by 16 bps to 10.63% suggests higher operational costs relative to premium income during the quarter. The number of policies sold in the individual segment increased by 2.06% to 31,02,281 policies.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
Existing shareholders benefit from improved profitability (PAT up 22.81%) and a higher Solvency Ratio (2.42), which strengthens the company's financial position.
🔍
Management Signal
Management prioritizes growth in new business value and margin expansion through product diversification, while maintaining market leadership and financial solvency.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — review PAT growth and VNB margin trends.
Further updates on Non Par APE share within individual business.
Any announcements regarding new product launches to sustain business growth.
LOW RISK
Financial results indicate strong performance with improved key metrics and solvency.
💡 Investor Takeaway
Life Insurance Corporation of India reported Profit After Tax of ₹13,492 crore for Q1 FY27, a 22.81% increase. Value of New Business grew 61.32% to ₹3,136 crore, with the VNB Margin at 22.9%. Total Premium Income reached ₹1,27,250 crore, up 6.75%.
⚖️ Strengths & Concerns
✅ Positives
- Profit After Tax (PAT) increased by 22.81% to ₹13,492 crore, reflecting strong profitability compared to the prior year.
- Value of New Business (VNB) surged by 61.32% to ₹3,136 crore, and the VNB Margin (Net) expanded 750 bps to 22.9%, indicating improved business quality.
⚠️ Concerns
- Overall expense ratio increased by 16 bps to 10.63% from 10.47%, indicating higher operational costs.
- Persistency ratios on premium basis for the 13th month and 61st month decreased slightly to 75.33% and 61.12% respectively.
❓ Frequently Asked Questions
What was Life Insurance Corporation of India's Profit After Tax in Q1 FY27?
Life Insurance Corporation of India reported a Profit After Tax of ₹13,492 crore for the quarter ended June 30, 2026, marking a 22.81% increase from ₹10,986 crore in Q1 FY26.
How much did LIC's Total Premium Income grow in Q1 FY27?
LIC's Total Premium Income increased by 6.75% to ₹1,27,250 crore for the quarter ended June 30, 2026, up from ₹1,19,200 crore in the prior corresponding period.
What was the Value of New Business (VNB) for LIC in Q1 FY27?
The Value of New Business (Net) for LIC in Q1 FY27 was ₹3,136 crore, showing a growth of 61.32% compared to ₹1,944 crore in Q1 FY26. The net VNB margin increased by 750 bps to 22.9%.
What is LIC's Solvency Ratio as of June 30, 2026?
As of June 30, 2026, Life Insurance Corporation of India's Solvency Ratio increased to 2.42, compared to 2.17 on June 30, 2025.
What were LIC's Assets Under Management (AUM) in Q1 FY27?
Life Insurance Corporation of India's Assets Under Management (AUM) increased by 4.10% to ₹59,39,384 crore as on June 30, 2026, compared to ₹57,05,341 crore on June 30, 2025.
Questions based on this BSE filing only. For information purposes.