LIC Q1 FY26 Earnings Results: Net Profit Rises 5% to ₹10,986 Crore and AUM Hits ₹57 Lakh Crore

LIC Q1 FY26 Earnings Performance 

Life Insurance Corporation of India (LIC) posted a profit after tax (PAT) of ₹10,986 crore for Q1 FY26, up 5.02% from ₹10,461 crore in Q1 FY25.

The insurer maintained its leadership in the life insurance sector with an overall market share of 63.51% by First Year Premium Income (FYPI). In the individual business segment, LIC held a 38.76% share, and in the group business, 76.54%.

Premium Income and Business Mix

• Total Premium Income: ₹1,19,200 crore, up 4.77% from last year.
• Individual Business Premium: ₹71,474 crore, up 6.37%.
• Group Business Premium: ₹47,726 crore, up 2.46%.
• Policies Sold (Individual): 30.39 lakh, down 14.75% YoY.

APE and Product Mix

• Annualised Premium Equivalent (APE): ₹12,652 crore.
  • Individual Business: ₹7,061 crore (55.81%).
  • Group Business: ₹5,590 crore (44.18%).
• Non-Par share in individual business rose to 30.34% (₹2,142 crore), up from 23.94% last year.

Profitability and Margins

• Value of New Business (VNB): ₹1,944 crore, up 20.75%.
• VNB Margin: 15.4%, up 150 bps from last year’s 13.9%.
• Overall Expense Ratio: Reduced to 10.47% from 11.87% last year.

Financial Strength

• Solvency Ratio: Improved to 2.17 from 1.99.
• AUM: ₹57.05 lakh crore, up 6.47% YoY.
• Investment Yield (excl. unrealised gains): 8.45% vs 8.54% last year.

CEO & MD Shri R Doraiswamy said LIC’s strategy is on track, with higher non-par share, improved VNB margin, and increased bancassurance contribution. The company appointed over 1.99 lakh women Bima Sakhis, who sold 3.26 lakh policies in Q1.

Also Read: Tata Power Q1 FY26 Earnings Results: PAT Rises 6% to ₹1,262 Crore!

LIC Share Price Movement

LIC share price (NSE: LICI) were trading at ₹914.15 as of 11:21 am on August 8, 2025, up by ₹29.15 or 3.29% for the day. The stock opened at ₹905.00 and moved between a low of ₹904.00 and a high of ₹927.10 during the session. LIC holds a market capitalisation of ₹5.78 lakh crore, with a P/E ratio of 11.97 and a dividend yield of 1.31%. The company’s 52-week range spans from a low of ₹715.30 to a high of ₹1,160.00. The quarterly dividend amount currently stands at ₹2.99 per share.

Conclusion

LIC’s Q1 FY26 results show steady growth in profit, premium income, and asset base while maintaining strong market leadership. The focus on non-par products, expense efficiency, and wider distribution channels is strengthening its competitive edge.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.