23-May-2026
Corporate News
 
LIC profit rises 19.3% to Rs 57,419 crore
22-May-2026

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.

News Source:- https://timesofindia.indiatimes.com/business/india-business/lic-profit-rises-19-3-to-rs-57419-crore/articleshow/131254828.cms