LIC Q3 Results: Net Premium Income at ₹1.26 Trillion, PAT ₹129.58 Billion

Life Insurance Corporation of India (LIC), the country’s largest insurer, has announced its December quarter financial results, showcasing steady growth and profitability. The company reported net premium income of ₹1.26 trillion, reflecting its dominant position in India’s life insurance market. Profit after tax stood at ₹129.58 billion, underscoring operational efficiency and strong investment returns.

LIC’s performance demonstrates its ability to sustain growth amid evolving market conditions, supported by a vast distribution network and customer trust. The results also highlight the insurer’s role in driving financial inclusion and long-term savings across India.

Key Highlights

• Net Premium Income: ₹1.26 trillion for Q3.
• Profit After Tax: ₹129.58 billion.
• Market Leadership: Reinforces LIC’s dominance in India’s insurance sector.
• Operational Strength: Strong distribution network and customer base.
• Sector Outlook: Continued focus on financial inclusion and long-term savings.

LIC’s robust quarterly performance underscores its resilience and strategic importance in India’s financial ecosystem, positioning it for sustained growth in the insurance industry.

Sources: Company announcement, Reuters, Business Standard