LIC (Life Insurance Corporation of India)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• LIC (Life Insurance Corporation of India) reported a 10.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 5.9%.
• Its expenses for the quarter were down by 10.3% QoQ and up 6.1% YoY.
• The net profit decreased 20.5% QoQ and increased 3.8% YoY.
• The earnings per share (EPS) of LIC (Life Insurance Corporation of India) stood at 17.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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 industry, primarily focusing on providing life insurance products. Established as a statutory corporation, LIC has been a key player in the Indian insurance market, offering a spectrum of insurance products, including life insurance, health insurance, pension plans, and investment management services. As of the latest available data, LIC serves a vast customer base across India, leveraging its extensive network of agents and branches to deliver its services. However, detailed insights into any recent major developments or strategic initiatives undertaken by LIC are not available within the scope of the provided data.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), LIC reported a Total Income of ₹225,451.02 crores. This figure represents a decrease from the previous quarter (Q4FY25), where the Total Income was ₹252,965.31 crores, indicating a quarter-over-quarter (QoQ) decline of 10.9%. However, when compared to the corresponding quarter of the previous year (Q1FY25), where the Total Income was ₹212,953.15 crores, there is a year-over-year (YoY) increase of 5.9%. These figures reflect the fluctuations in revenue generation over different periods, as noted in the provided data.

Profitability

In Q1FY26, LIC's Profit Before Tax was reported at ₹12,739.64 crores. This represents a QoQ decrease of 19.6% from Q4FY25, where the Profit Before Tax was ₹15,851.82 crores. Similarly, the Profit After Tax for Q1FY26 stood at ₹10,958.89 crores, down from ₹13,779.10 crores in the previous quarter, marking a QoQ decline of 20.5%. Compared to Q1FY25, where the Profit After Tax was ₹10,561.66 crores, there is a YoY increase of 3.8%. These variations in profitability metrics highlight changes in the company’s financial performance over time. The Earnings Per Share (EPS) for Q1FY26 was ₹17.30, compared to ₹21.80 in Q4FY25 and ₹16.70 in Q1FY25, showing a QoQ decline of 20.6% and a YoY increase of 3.6%.

Operating Metrics

The Total Expenses for LIC in Q1FY26 were ₹213,101.46 crores, which is a 10.3% decrease from the previous quarter (Q4FY25) when expenses were ₹237,442.59 crores. Compared to Q1FY25, where Total Expenses were ₹200,776.16 crores, there is a YoY increase of 6.1%. The tax expense for Q1FY26 was ₹1,644.99 crores, showing a QoQ decline of 19.0% from Q4FY25's tax expense of ₹2,031.28 crores, and a slight YoY increase of 1.0% compared to ₹1,629.21 crores in Q1FY25. These figures reflect the changes in LIC's operational expenditure and tax liabilities across different reporting periods.