Life Insurance Corporation of In's Q1 FY 2026-27 Quarterly Results

Result Summary

• Life Insurance Corporation of India reported a 13.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 7.0%.
• Its expenses for the quarter were down by 14.6% QoQ and up 6.2% YoY.
• The net profit decreased 42.1% QoQ and increased 24.0% YoY.
• The earnings per share (EPS) of Life Insurance Corporation of India stood at 10.74 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Life Insurance Corporation of India (LIC) is a prominent player in the insurance sector, primarily focusing on providing life insurance products and services. As a government-owned corporation, LIC is integral to India's insurance industry, offering a range of products including term insurance, pension plans, health insurance, and unit-linked insurance plans. The corporation has a vast customer base and a significant market share in India, attributed to its extensive network and trusted brand reputation. As of the latest data, there are no specific recent major developments provided in the financial data, but LIC continues to be a key institution in the financial services sector in India.

Revenue

For the quarter ended Q1FY27, Life Insurance Corporation of India reported a total income of ₹241,166.45 crores. This represents a quarter-over-quarter (QoQ) decline of 13.8% from ₹279,909.41 crores reported in Q4FY26. However, on a year-over-year (YoY) basis, there was a 7.0% increase from the ₹225,451.02 crores recorded in Q1FY26. The YoY increase indicates a positive growth trajectory in revenue generation over the year. The data provided does not include specific breakdowns of revenue by segment or product line, hence detailed insights into revenue streams are not available.

Profitability

In terms of profitability, the Profit Before Tax (PBT) for Q1FY27 was ₹15,453.17 crores, marking a slight QoQ increase of 0.6% from ₹15,356.15 crores in Q4FY26. YoY, the PBT grew by 21.3% from ₹12,739.64 crores in Q1FY26. The Profit After Tax (PAT) for Q1FY27 stood at ₹13,586.69 crores, which shows a significant decline of 42.1% QoQ from ₹23,468.47 crores in Q4FY26. However, on a YoY basis, PAT increased by 24.0% from ₹10,958.89 crores in Q1FY26. This highlights substantial growth in profitability over the year despite the QoQ decline. The tax expense for Q1FY27 was ₹1,728.18 crores, which was a complete reversal from the negative tax figure in Q4FY26, indicating a return to regular tax expense levels compared to the previous quarter.

Operating Metrics

The Earnings Per Share (EPS) for Q1FY27 was ₹10.74, which marked a QoQ decrease of 71.1% from ₹37.10 in Q4FY26, and a YoY decrease of 38.0% from ₹17.32 in Q1FY26. This significant decrease in EPS both QoQ and YoY is notable and suggests changes in share performance metrics over the quarters. The EPS reflects the earnings allocated to each share and is a critical measure of a company's profitability on a per-share basis. The financial data provided does not include additional operating metrics such as key financial ratios like the P/E ratio, debt-to-equity ratio, or current ratio, which would offer further insights into the company's financial health and operational efficiency.