State-owned life insurance company LIC on Thursday released its results for the third quarter ending December 2025. The company’s net profit increased by 17% year-on-year to ₹12,958 crore. LIC had reported a net profit of ₹11,056 crore in the same period last year.
LIC’s net premium income rose to ₹1,25,613 crore during the quarter, from ₹1,06,891 crore a year ago. At the same time, the total income also increased to ₹ 2,33,984 crore, whereas in the same period last year it was ₹ 2,01,994 crore. The company said that net commission payment in the quarter increased marginally to ₹6,011 crore as against ₹5,966 crore in the third quarter of the last financial year.
More than four times jump in IOC’s profits
Meanwhile, Indian Oil Corporation (IOC) reported a more than four-fold jump in profits in the third quarter. The company’s standalone net profit increased to ₹12,125.86 crore in the October-December quarter, compared to ₹2,873.53 crore in the same period a year ago.
According to the company, strength in refining and marketing margins offset the weakness in the petrochemicals segment. Refining margins improved due to low crude oil prices, while fuel sales recorded 5% growth. IOC said converting each barrel of crude oil into fuel earned an average of USD 8.41 during April-December 2025, compared to USD 3.69 per barrel last year.
