India's LIC posts quarterly profit rise on higher premium income

Life Insurance of India

06/08/2026 12:47

BENGALURU, Aug 6 (Reuters) - Life Insurance Corporation of India LIFI.NS reported a 23% increase in first-quarter profit on Thursday, helped by a rise in premium income from new policies and strong renewals.
The insurer's net profit rose to 134.92 billion rupees  ($1.42 billion) for the quarter ended June 30, from 109.87 billion rupees a year earlier.


 



($1 = 95.2200 Indian rupees)

 (Reporting by Nishit Navin; Editing by Ronojoy Mazumdar)
 ((Nishit.Navin@thomsonreuters.com;))