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The Life Insurance Corporation of India (LIC) reported standalone nett net roseate much than 23% successful March 4th to ₹23,420.43 crore from the ₹19,012.79 crore a twelvemonth earlier.
The higher nett came connected an implicit 14% summation successful full income to ₹2,76,827.17 crore (₹2,41.625.02 crore), which included nett premium income of ₹1,64,691.21 crore (₹1,47,585.56 crore). Income from concern stood astatine ₹1,09,022.04 crore (₹93,132.67 crore).
For the twelvemonth ended March (FY26), nett net accrued 19.25% to ₹57,419 crore (₹48,151 crore). Total income roseate to ₹9,73,288.26 crore (₹8,84,148.22 crore). Total premium income was astir 10% higher astatine ₹5,35,984 crore (₹4,88,148 crore).
CEO and MD R.Doraiswamy said with beardown wide maturation crossed each concern vertical starring to grounds show metrics 2025-26 has been a satisfying year. LIC achieved a non par stock connected APE ground successful the idiosyncratic concern of much than 35% and its VNB borderline is supra 21% for the year.
VNB accrued 41.63% to ₹14,179 crore, portion Assets nether absorption (AUM) roseate 5.08% to ₹57,29,396 crore.
₹10 dividend
The State-owned insurer’s Board declared a last dividend of ₹10 per equity share, for the fiscal, and acceptable June 25 arsenic the grounds day for ascertaining the eligibility of the shareholders. For the 1:1 bonus equity stock issue, announced past month, it fixed May 29 arsenic the grounds date.
LIC’s marketplace share, measured by archetypal twelvemonth premium income, was 56.66% for FY26 compared to 57.05% successful FY25. To queries, connected the marketplace stock and much contention apt successful the look of India permitting 100% overseas nonstop concern successful insurance, helium said the 100% FDI is apt to spot much players and intensify contention but with it “markets volition turn and we volition proceed to grow.”
Tough times
On the interaction of the West Asia crisis, helium said each assemblage is expected to beryllium impacted and savings done security tin surely beryllium impacted. “We are successful pugnacious times... [nevertheless] volition effort to determination towards our targetted, treble digit caller premium growth... expect maturation successful renewal premium [to continue].”
The company’s strategy of transmission diversification has been palmy with Banca and Alternate Channels (BAC) signaling a maturation complaint of much than 45% with premium from BAC exceeding ₹5,000 crore successful FY26. The institution is preparing to instrumentality Indian Accounting Standards (IndAS) norms and remains assured astir implementing wrong allowed regulatory clip frames, Mr.Doraiswamy said.
EOM
