Life Insurance Corporation of India's Q3 FY 2025-26 Quarterly Results
- 06 Feb 2026
Result Summary
- Life Insurance Corporation of India reported a 2.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 15.8%.
- Its expenses for the quarter were down by 3.9% QoQ and up 16.1% YoY.
- The net profit increased 28.2% QoQ and increased 17.7% YoY.
- The earnings per share (EPS) of Life Insurance Corporation of India stood at 20.44 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 236776.30 | 242568.60 | 204525.35 | -2.4% | 15.8% |
Total Expenses | 222279.92 | 231322.97 | 191454.83 | -3.9% | 16.1% |
Profit Before Tax | 14829.20 | 11672.73 | 12787.78 | 27.0% | 16.0% |
Tax | 1931.37 | 1525.13 | 1733.43 | 26.6% | 11.4% |
Profit After Tax | 12952.98 | 10101.04 | 11008.62 | 28.2% | 17.7% |
Earnings Per Share | 20.44 | 15.97 | 17.40 | 28.0% | 17.5% |
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 in India, known for its comprehensive range of insurance products. Established in 1956, it operates primarily in the life insurance space, offering a variety of policies that cater to individuals, families, and businesses. Its product portfolio includes endowment plans, term insurance, whole life plans, money back policies, and pension plans. Being a government-owned entity, LIC holds a significant share of the Indian life insurance market and is renowned for its extensive network and strong brand presence across the country. Recent major developments include the company's ongoing efforts to maintain its market leadership amidst increasing competition from private players and adapting to regulatory changes affecting the insurance sector.
Revenue
For the quarter ending in Q3FY26, Life Insurance Corporation of India reported a total income of ₹236,776.30 crores. This represents a 2.4% decrease from the previous quarter (Q2FY26), where the total income stood at ₹242,568.60 crores. However, when comparing the year-over-year performance, the total income increased by 15.8% from Q3FY25, where it was ₹204,525.35 crores. This growth indicates a solid annual improvement in revenue performance despite a slight quarterly decline.
Profitability
LIC's profitability metrics for Q3FY26 show a positive trend. The profit before tax (PBT) for this quarter was ₹14,829.20 crores, marking a significant 27.0% increase from Q2FY26, where the PBT was ₹11,672.73 crores. Year-over-year, this is a 16.0% increase from Q3FY25, which had a PBT of ₹12,787.78 crores. The profit after tax (PAT) for Q3FY26 was ₹12,952.98 crores, up 28.2% from the previous quarter's ₹10,101.04 crores and 17.7% higher than the previous year's figure of ₹11,008.62 crores. The earnings per share (EPS) also rose to ₹20.44 in Q3FY26, showing a 28.0% quarter-over-quarter increase and a 17.5% increase year-over-year.
Operating Metrics
The total expenses for LIC in Q3FY26 amounted to ₹222,279.92 crores, which represents a 3.9% decrease from Q2FY26, where expenses were ₹231,322.97 crores. Compared to the same quarter in the previous year, total expenses increased by 16.1% from ₹191,454.83 crores in Q3FY25. This indicates effective cost management on a quarterly basis despite a rise in expenses year-over-year. The tax expense for Q3FY26 was ₹1,931.37 crores, which increased by 26.6% from Q2FY26's ₹1,525.13 crores and by 11.4% from Q3FY25's ₹1,733.43 crores. These figures demonstrate LIC's ability to manage its tax obligations efficiently while still achieving higher profitability.