LIC Shares Rocket 3% on Q1 Profit Surge – Analysts Boost Targets as Momentum Builds

India's insurance behemoth LIC just flexed its muscles with a 5% profit jump—sending shares up 3% as Wall Street scrambles to adjust targets.

Why the Street's buzzing: When a state-backed giant like LIC starts outperforming, even cynical traders pause their crypto memes to pay attention. The Q1 numbers suggest the old-school insurer might finally be learning some new tricks.

Targets in the crosshairs: Analysts are hastily revising projections upward, though let's be real—their models are about as reliable as a DeFi oracle during a flash crash. Still, momentum breeds momentum.

The bottom line: In a market obsessed with disruptors, LIC's steady growth proves dinosaurs can still roar—at least until the next crypto bull run sucks all the oxygen out of the room.

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LIC reports 5% rise in Q1FY26 net at ₹10,987 crore

LIC reported a net profit of ₹10,986 crore for Q1FY26 compared to ₹10,461 crore in the same period last year. The company’s VNB grew 20.75 per cent to ₹1,944 crore while VNB margin expanded 150 basis points to 15.4 per cent. Total premium income increased 4.77 per cent to ₹1,19,200 crore.

The insurer maintained its market leadership with 63.51 per cent market share in first-year premium income. Individual business Non-Par APE surged 32.63 per cent to ₹2,142 crore, raising its share within individual business to 30.34 per cent from 23.94 per cent year-on-year. The solvency ratio improved to 2.17 from 1.99, while the expense ratio declined 140 basis points to 10.47 per cent.

Analysts view the stabilization of market share trends in individual business as a key factor to monitor going forward.

Published on August 8, 2025