Life Insurance Corporation of India's Q2 FY 2025-26 Quarterly Results

Result Summary

• Life Insurance Corporation of India reported a 7.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.6%.
• Its expenses for the quarter were up by 8.6% QoQ and 3.3% YoY.
• The net profit decreased 7.8% QoQ and increased 30.6% YoY.
• The earnings per share (EPS) of Life Insurance Corporation of India stood at 15.97 during Q2 FY 2025-26.

Financial Statments for Q2 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 entity in the insurance sector, primarily engaged in offering life insurance products and services. Founded in 1956, LIC operates as a government-owned corporation in India and is reputed for being the largest life insurance provider in the country. The company's core offerings include a range of life insurance policies such as term insurance, endowment plans, pension products, and health insurance, catering to a diverse clientele. LIC's extensive network and strong brand presence have made it a significant player within the Indian financial services industry. However, specific recent major developments within the company are not available in the provided data.

Revenue

In the second quarter of the fiscal year 2026, Life Insurance Corporation of India reported a total income of ₹242,568.60 crores. This reflects a quarter-over-quarter (QoQ) increase of 7.6% from ₹225,451.02 crores recorded in Q1FY26. The year-over-year (YoY) growth in total income was 4.6% compared to ₹231,926.41 crores in Q2FY25. The consistent increase in income over both the quarterly and annual periods indicates that the company has maintained a steady revenue stream. This increase can be attributed to its robust portfolio of insurance products and the trust it commands in the market.

Profitability

During Q2FY26, Life Insurance Corporation of India's profit before tax amounted to ₹11,672.73 crores, showing a decrease of 8.4% from the previous quarter's ₹12,739.64 crores. However, on a year-over-year basis, there was a notable increase of 31.1% from ₹8,905.03 crores in Q2FY25. The tax expense for the quarter was ₹1,525.13 crores, representing a decline of 7.3% from Q1FY26 and an increase of 33.2% from the same quarter last year. Profit after tax stood at ₹10,101.04 crores, marking a 7.8% decline from Q1FY26 but a significant 30.6% increase from Q2FY25. Earnings per share for Q2FY26 were ₹15.97, down by 7.8% from the previous quarter but up by 30.7% compared to the same quarter last year.

Operating Metrics

In Q2FY26, Life Insurance Corporation of India exhibited an increase in total expenses to ₹231,322.97 crores, which is an 8.6% rise from Q1FY26's ₹213,101.46 crores and a 3.3% increase from Q2FY25's ₹223,937.29 crores. The data suggests a trend of rising costs over the observed periods, both quarterly and annually. While specific operating ratios such as the P/E ratio, debt-to-equity ratio, or current ratio are not available within the provided data, the figures indicate that the company has been managing its operational costs while achieving revenue growth. Significant trends within the financial data reveal fluctuations in profit margins which have been impacted by shifts in both revenue and expense dynamics over the quarters.