LIC Q3 Results: Profit Jumps ₹1902 Cr, Earnings Up ₹18,000 Cr for India's Largest Insurer

• Life Insurance Corporation of India (LIC) reported strong Q3 FY results with significant year-on-year growth in profit and net premium income.
• Profit surged by ₹1,902 crore to ₹12,958 crore, while net premium income increased by ₹18,000 crore to ₹1.25 lakh crore.
• The company demonstrated improved asset quality, with Gross NPA decreasing from 1.34% to 1.31% quarter-on-quarter.
• LIC's solvency ratio strengthened from 202% to 219% year-on-year, indicating robust capital adequacy.
• LIC shares closed up 0.56% at ₹840 on February 5, reflecting positive investor confidence following the strong results.