Overview
- Net premium income rose about 5.4–5.5% in Q2 FY26 to roughly Rs 1.26 lakh crore, with H1 PAT up 16.36% to Rs 21,040 crore.
- Profitability of new business strengthened as VNB increased about 8% and the VNB margin expanded to 17.6%.
- LIC’s overall market share by First Year Premium Income slipped to 59.41% for H1 FY26, with individual new business down 3.54%.
- Solvency improved to 2.13 from 1.98 a year earlier and asset quality strengthened, with gross NPAs lower and commission outgo reduced.
- The company said GST benefits have been passed to customers and flagged expectations of stronger second‑half demand, while noting limited impact from lost input tax credits so far.