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GIC Q1 Standalone Profit Jumps 10% to ₹1,922 Crore

GIC Q1 Standalone Profit Jumps 10% to ₹1,922 Crore
GIC Q1 results: Standalone profit jumps 10% YoY to ₹1,922 crore · livemint.com

GIC is a big Indian company that helps protect other insurance companies.

It shared its report card for the three months that ended in June 2026.

The report card shows how much money the company made.

On its own, GIC made more money this time than last year.

Its profit grew by almost 10 percent to about ₹1,922 crore.

That is a lot of money!

The company also collected more money from customers who pay for its insurance.

Its gross premium income went up to about ₹13,475 crore.

But when we count all the companies GIC owns together, the profit went down.

Together, they earned about 25 percent less than the same time last year.

Key facts

Company
General Insurance Corporation of India (GIC)
Reporting Period
Quarter ended June 2026
Standalone Profit After Tax
₹1,922.04 crore (up 9.69% YoY)
Standalone PAT (Prior Year)
₹1,752.23 crore
Gross Premium Income
₹13,475.36 crore (vs ₹12,388.01 crore prior year)
Consolidated Profit
₹1,620.94 crore (down 25.4% YoY)
Consolidated Profit (Prior Year)
₹2,172.77 crore
Announcement Date
13 August 2026

Sources

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