Business

LIC profit rises 19.3% to Rs 57,419 crore

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LIC profit rises 19.3% to Rs 57,419 crore

Mumbai : LIC reported a 19.3% rise in standalone profit after tax to Rs 57,419 crore for FY26, with a 41.6% surge in value of new business, reflecting improved product mix and steady premium growth. The insurer’s total premium income rose 9.8% to Rs 5,35,984 crore in FY26 from Rs 4,88,148 crore a year earlier. The board announced 100% dividend of Rs 10 on shares of Rs 10.



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