New Delhi: Life Insurance Corporation of India (LIC), the country’s largest insurer, has reported a solid financial performance for the second quarter ended September 30, 2025, with a 32 percent year-on-year rise in net profit to ₹10,053 crore, compared to ₹7,621 crore in the same quarter last year.
This significant growth underscores the insurer’s strong operational efficiency and resilience amid a competitive market and evolving insurance landscape.
Total Income and Premium Collections Rise
LIC’s total income during the September 2025 quarter improved to ₹2,39,614 crore, up from ₹2,29,620 crore in the corresponding quarter of the previous year.
The company’s net premium income—a key indicator of its core business strength—also registered a healthy increase, rising to ₹1,26,479 crore from ₹1,19,901 crore a year earlier. This growth reflects sustained customer confidence and higher new business premiums across life and term insurance segments.
Operational Expenses Edge Higher
The insurer’s total expenses for the quarter stood at ₹2,30,160 crore, higher than ₹2,22,366 crore in the year-ago period. The increase is primarily attributed to policy payouts, commissions, and administrative costs associated with expanding operations and maintaining service quality.
Despite the rise in expenses, LIC managed to deliver improved profitability on the back of higher investment income and steady growth in premium collections.
Consistent Financial Strength and Market Leadership
LIC’s strong quarterly numbers reaffirm its position as the dominant player in India’s life insurance market, maintaining a large share of individual and group insurance business. The corporation continues to focus on diversifying its product portfolio, expanding digital channels, and improving policyholder services to strengthen long-term growth.
About Life Insurance Corporation of India (LIC)
Life Insurance Corporation of India (LIC), established in 1956, is India’s largest and most trusted life insurance company. Headquartered in Mumbai, LIC operates under the ownership of the Government of India and offers a wide range of life insurance, pension, and investment products. With a vast customer base and an extensive agent network across the country, LIC continues to play a key role in deepening insurance penetration and promoting financial security in India.
Read also: LIC Declares Rs 7,324 Crore Dividend to Boost Government Revenue for FY25 – Details Inside
