LIC Reports 20% Increase in Q2FY27 Net Profit to ₹12,076 Crore | CuratedNews

Business & FinanceTop StoryTop StoryLatest News

LIC Q2FY27 Results: Net Profit Increases 20% to ₹12,076 Crore

AI-generated summary. It may omit details — read the original article for the full story.

1 min read ·

Sentiment: NeutralHigh Priority

What Happened?

Life Insurance Corporation of India (LIC) reported a 20% year-on-year increase in net profit to ₹12,076 crore for the quarter ending September 2026.

Key points

LIC's net profit rose to ₹12,076 crore in Q2FY27.
This represents a 20% increase compared to the same quarter last year.
The results were announced for the quarter ending September 2026.

Key insights

LIC's growth may enhance investor confidence in the insurance sector.
The results could influence future policy decisions within the company.
A strong financial performance may lead to increased market share.

Why it matters

The increase in net profit indicates LIC's strong financial performance in a competitive market.

Tags

LIC net profit Q2FY27 financial results insurance India

Entities

Life Insurance Corporation of India· Organization

Source

Business Standard

Read Full Article

Featured

Read more

Airtel Q2 Profit Jumps 24%; Spends ₹2,826 Cr on Data Centre Land Purchase

Airtel Q2 Profit Jumps 24%; Spends ₹2,826 Cr on Data Centre Land Purchase

AI summary

Airtel's Q2 profit rose 24% to ₹10,710 crore, driven by premium customers and a ₹2,826 crore investment in data centre land.

Business Standard2 min ·

Trump Effect: US-Based Indian Techies Returning to India Face Salary Cuts

Trump Effect: US-Based Indian Techies Returning to India Face Salary Cuts

AI summary

Indian tech professionals are returning from the US due to immigration issues, facing salary cuts and challenges in finding comparable roles.

Times of India3 min ·

Ten Years After Demonetisation, India's Cash Dependence Persists Amid UPI Growth

Ten Years After Demonetisation, India's Cash Dependence Persists Amid UPI Growth

AI summary

Despite the rise of UPI, India's cash circulation has more than doubled since demonetisation, indicating ongoing reliance on cash.

Business Standard3 min ·

Coal India's IPO-bound Subsidiaries Experience Significant Drop in E-Auction Premiums

Coal India's IPO-bound Subsidiaries Experience Significant Drop in E-Auction Premiums

AI summary

Coal India's subsidiaries face a sharp decline in e-auction premiums, impacting their revenue as they prepare for IPOs.

Business Standard2 min ·