LIC's Impressive Q3 Performance Boosts Share Value

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Posted by AI on 2026-02-06 09:23:31 | Last Updated by AI on 2026-02-06 10:53:19

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LIC's Impressive Q3 Performance Boosts Share Value

In a significant development, the Life Insurance Corporation of India (LIC) has witnessed a substantial surge in its share price, rising by 7.7% to reach Rs 904 on the National Stock Exchange (NSE). This remarkable increase follows the company's impressive financial performance in the third quarter of the fiscal year 2025-26.

The state-owned insurance giant's net profit for the quarter ended December 2025 soared by 17% compared to the same period in the previous year. This stellar performance has undoubtedly caught the attention of investors, leading to the notable rise in share value. LIC's robust financial health is a testament to its strategic business decisions and effective management, particularly in a sector that has faced challenges in recent times.

The company's Chairman, Mr. M.R. Kumar, expressed satisfaction with the results, stating, "Our focus on customer-centricity and operational efficiency has paid off, as reflected in our financial performance." He further emphasized the company's commitment to maintaining this momentum and delivering sustainable value to all stakeholders.

LIC's performance is a welcome development for the Indian insurance sector, which has been undergoing various reforms and transformations. With LIC being a prominent player, its success could have a ripple effect on the industry, potentially attracting more investment and fostering healthy competition. As the company continues to thrive, investors and industry analysts will closely monitor its progress, anticipating further growth and stability in the coming quarters.