BusinessPhoto: NDTV BusinessLIC Q2 Profit Rises 20%, Premiums Up 16% Led by Single Premium
Life Insurance Corporation (LIC) reported a 20% net profit increase to Rs 12,115 crore in Q2 FY 2026-27, up from Rs 10,098 crore last year. Net premium income grew 16.2% to Rs 1.47 lakh crore, driven mainly by a 34.5% rise in single premium to Rs 68,425 crore. Gross non-performing assets fell slightly to 1.16%. LIC offers 60 products including individual and group plans.
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