India, Aug. 8 -- The Board of Directors of Life Insurance Corporation of India (LIC) has approved and adopted the standalone and consolidated financial results for the quarter ended June 30, 2026. On a standalone basis, LIC posted a Profit After Tax (PAT) of Rs 13,492 crore for Q1FY27, compared to Rs 10,986 crore in the same quarter last year, registering a growth of 22.81 per cent.

LIC continued to maintain its leadership position in the Indian life insurance industry. As per IRDAI data based on First Year Premium Income, the overall market share stood at 60.10 per cent for the quarter. In the individual segment, LIC held a market share of 38.89 per cent, while in the group segment it was 70.90 per cent.

Total Premium Income for the qu...