India, Nov. 5 -- State-owned insurer LIC on Thursday reported a 20 per cent jump in net profit to Rs 12,076 crore for the second quarter ended September 2026, with the improvement in renewal and net premium collections. The country's biggest insurer had reported a net profit of Rs 10,053 crore in the year-ago period.

Total income improved to Rs 2,62,739 crore in the latest September quarter compared to Rs 2,39,614 crore in the year-ago period, LIC said in a regulatory filing.

Its net premium income increased to Rs 1,47,018 crore in the second quarter of the current fiscal year from Rs 1,26,479 crore in the same period a year ago.

During the quarter, renewal premium moved up to Rs 68,375 crore as against Rs 64,996 crore in the same peri...