Life Insurance Corporation of India
LICI | 543526
₹394
+6.45 (1.66%)
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Life Insurance Corporation of India was established on September 1, 1956 under the Life Insurance Corporation Act, 1956. The Corporation obtained Certificate of Registration, to undertake the business of life insurance by a Certificate dated September 20, 1956 issued by the Controller of Insurance under the Insurance Act. The Corporation obtained the Certificate of Registration from the IRDAI to undertake life insurance business on January 1, 2001 which was renewed annually under Section 3A of the Insurance Act. Further, with effect from December 2014, the process of annual renewal of Certificate of Registration discontinued. The Corporation is governed by provisions of the governing Act; it is also registered with the Insurance Regulatory and Development Authority of India (IRDAI). The Corporation is engaged in the business of Life Insurance in and outside India. The Corporation's life insurance business comprises of individual life and group business, including participating, non-participating, pension, group gratuity, group leave encashment, group superannuation, group immediate annuity, unit-linked insurance products, variable insurance products, health and micro insurance. In 1956, nationalization of 245 Companies and LIC came into being on 1st September. The Corporation established foreign branches in Fiji and Mauritius to sell life insurance. In 1959, the Corporation constructed a 14 storey Sky scraper building for housing Southern Zonal Office. In 1960, the Corporation established foreign branch in United Kingdom. Officer's Training College was founded by the Corporation at Nagpur on 16th May. In 1961, First Camp for On the Spot policies was organized on 15th August in Rohtak District. The first batch of Direct Recruit Officers joined the Corporation. In 1962, the Corporation inaugurated the Pilot scheme of Premium Collection Through Post Offices in village Chandlai on 25th March, 1962. In 1963-64, the Corporation undertook initiatives in becoming pioneer in installing computers with installation of two computer systems - one in Mumbai and one in Kolkata, with an aim to improve operations. Yogakshema', an architectural landmark, Corporate Office of LIC was inaugurated by Prime Minister Pandit Jawaharlal Nehru on 26th December. LIC started doing General Insurance business. In 1965, Policy Holder's Council was set up in each Division by the Corporation and The Central Coordination Committee for Sports was formed. In 1967, IBM 1401/1410 Computer was installed at Mumbai. The EDP Department started functioning. In 1969, Officer's training college was shifted from Nagpur to Borivali, Mumbai. In 1970, Commemorative Stamp and Post Card was issued through Indian Posts and Telegraphs depicting Indian Life Insurance. 1870-1970. The concept of Agents Clubs was introduced in 1971. The first Career Agents' Branches were set up in 1972 and the Corporation formulated the LIC of India(Agents) Regulations. In 1978, the Corporation started a Joint Venture Kenindia Assurance Co. Limited. A Scheme of Incentive Bonus to Development Officers came into existence. In 1980, the Corporation began to recruit Development Officers and The National Insurance Academy(NIA) sponsored jointly with GIC and its subsidiaries, was founded. In 1981, the Corporation implemented Reorganization Policy' to give effect to operations decentralization and proper decision-making. Jana Raksha Policy was launched to cater to the rural masses. Installation of Microprocessors was first initiated in October by the Corporation and the recruitment under sports quota started. ECIL-2958 Mainframe was installed at Mumbai in 1982. In August 1987, the Corporation introduced Landless Agricultural Labourers' Group Insurance (LAGLI). On November 25th, LIC's prestigious Jeevan Bharati Building was inaugurated by the then Union Finance and Commerce Minister Shri N.D. Tiwari. In 1989, an associate recognized as LIC Housing Finance Limited was set up by the Corporation. LIC turned into a financial conglomerate. The Corporation established LIC Mutual Fund as a trust on 20th April 1989. The Corporation established a subsidiary, Life Insurance Corporation (International) B.S.C. (c), in Bahrain. Software Development Centre was established at Corporate Office in 1993 and Front End Applications Package was introduced on 17th July in 17 BOs. The Rural Group Life Insurance Scheme (RGLIS) was launched on 15th August, 1995. In 1997, the Corporation introduced Corporation's Metro Area Network' (MAN)and Wide Area Network' (WAN) resulting in linking network of all branches on 22nd November. First IVRS was inaugurated in Mumbai on 21st August 1998 by the Corporation and 150 touch screen based Information Kiosks were set up across the country enabling Customers to get information about policies, new plans, bonus etc. in 1998. LIC (International) EC extended its operations to Qatar with effect from 28th September 1999. In 2000, the Corporation set up a subsidiary, Life Insurance Corporation (Nepal) Ltd., in Nepal. For faster dissemination of information, LIC launched its website www.licindia.in and intranet Site Jeevan Sanchar'. In 2001, the First unit linked Insurance Plan(ULIP) Bima Plus' was launched on 12th February. LIC signed its first strategic alliance with Corporation Bank on 6th June. Krishi Shramik Samajik Suraksha Yojana launched on 30th June. Premium payment facility through internet introduced on 12th September. Shikshan Sahyog Yojana was inaugurated on 31st December. LIC (Nepal) Ltd, was inaugurated as a joint venture between LIC and Vishal Group in Nepal on 3rd December. In 2002, LIC's first Info Centre was inaugurated in Mumbai. Call Centres were set up at 8 locations across the country. IVRS accessible through Unified Access Number 1251 was integrated with Call Centres on 12th April. Corporate Messaging Solution was implemented. The business through Bancassurance commenced and there was a strategic tie-up with Corporation Bank. A Joint Venture LIC (Lanka) Ltd was formed. In 2003, LIC (Lanka) Ltd was inaugurated as a joint venture between LIC and Bartleet Group of Sri Lanka on 1st March. Varishtha Pension Bima Yojana was launched on 14th July. LIC's first ever Premium Payment Facility through ATM was inaugurated in collaboration with Corporation Bank on 20th December. In 2004, premium payment through ECS and Kiosk commenced. SMS Service initiative was launched. MOU was signed for establishing a joint stock company in Saudi Arabia on 20th December. (SICCI). Vidyanet (an Online training Portal for Agents) was launched. In 2005, LIC and IndusInd Bank tie up for providing first ever group insurance scheme to account holders of the bank in October. LIC's First Satellite Sampark Office (later renamed as Satellite Office) inaugurated in Rajendra Nagar, New Delhi (Delhi DO-1), NZ on 2nd September. The Corporation launched Enterprise Document Management System (EDMS) and Corporate Active Data Warehouse. In 2006, the Corporation Established LIC's Golden Jubilee Foundation' to support projects like construction of hospitals, schools, buildings, class rooms, old age homes and scholarships etc. and provide scholarships to meritorious students from marginalized communities. In 2007, the Corporation established a subsidiary, LIC Pension Fund Limited. During the year, the Corporation signed an agreement for implementation of Enterprise Document Management System' (EDMS) to convert all policy records into digital format. LIC HFL Financial Services Ltd, wholly owned subsidiary of the Corporation was incorporated on 31st October. The Corporation established a subsidiary, LIC Cards Services Limited, to provide credit card services in 2008. CLIA Channel started in 2008. LIC Pension Fund was launched. LIC HFL Asset Management Company Ltd. (AMC) was incorporated on 14th February 2008. In 2009, the Risk Management Department was set up. LIC launched Credit Card LIC Card'. Alternate Channels of premium payment was started. New CRM initiatives like Relationship Renewal program, Help desk, Exclusive CRE, Help book started. Direct Marketing Channel, established in August 2009 with 6 Units, has 119 Units spread across all Divisions of the Corporation. The initiative was aimed at creating new systems for Business Generation, Sales Process monitoring and Digital Marketing with a view to reach out to untapped Markets and providing new buying experience to the Customers, especially to young, tech-savvy Millennial and High Net worth Individuals. In 2010, online paperless underwriting, SMS Enquiry Service for proposal status was started by the Corporation. Integrated Complaint Management System (ICMS) was launched in 2011. In 2012, the Corporation established a wholly owned subsidiary, Life Insurance Corporation (Singapore) Pte Ltd, in Singapore. LIC's officially developed mobile app for Android based Smartphones was deployed for general public on 23rd March 2012 and Jeevan Akshay VI-first policy of LIC was made available for online sale by the Corporation. In 2013, the Corporation launched ODS and Customer & Merchant Portal, Remote Audit, Results Framework Document System for HRD/OD, Automation of Employee Information Management and Syndicate Bank signed MOU on 27 June 2013 as Corporate Agent of LIC to sell LIC products. In 2014, the Corporation introduced Club Galaxy for Agents. Collection of Micro Insurance Premium through Mobile App was launched. In 2015, the Corporation established a subsidiary, Life Insurance Corporation (LIC) Bangladesh Limited, in Bangladesh. E-APAR, Legal management system was introduced by the Corporation. The Corporation launched three social security schemes, Pradhan Mantri Jeevan Jyoti Bima Yojana, (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension yojana (APY). In 2016, Bima Diamond Plan was launched on 1st September. LIC's eServices, compliant to IRDA regulations was launched on 1st February. The Corporation announced a 'One time Diamond Jubilee Special Reversionary Bonus' for policyholders whose policies were in force as on 01 September 2016. In 2017, Enterprise Risk Management (ERM) Concept was launched. The digitization of policy records for 29 Crore customers was completed. SMS based customer helpline started. Premium payment through wallets, BHIM, UPI enabled. In 2018, LIC training centres (MDC, ZTCs) and CO OD/HRD was awarded ISO 9001:2015 certificate and BIS accredition approved by the Corporation. LIC mobile app was launched for agents by the Corporation and LIC call centre services were launched. In 2019, the Corporation completed the acquisition of 51% stake in IDBI Bank. The Corporation infused Rs.47,430.00 million into IDBI Bank, currently one of its Associates on October 23, 2019 using policyholders' funds. IDBI Bank raised Rs. 14,351.80 million on December 19, 2020 by way of a qualified institutional placement. IDBI Bank became a subsidiary of the Corporation with effect from January 21, 2019. Multy utility cash card 'SUVIDHA' was launched in collaboration with IDBI bank. Agent recruitment app was launched and Subsidiaries Department was formed at Central Office of the Corporation. In 2020, the Corporation was designated as Domestic Systemically Important Insurer (D-SII). Online and Paperless Process of completion of Micro Insurance Policies was launched on 6th March. IPO Cell/PMU Department was formed at Central Office. Uninterrupted Service to Customers through online services during Pandemic was introduced by the Corporation. There was Awareness Campaigns in lockdown and post lockdown period of COVID-19 epidemic situation and various customer friendly measures were taken to serve policyholders in view of lockdown. In 2021, the Corporation launched Atma Nirbhar Agents New Business Application. Deposit Collection Management Centre was launched on 5th January. The Dena Bank Building in Bandra Kurla Complex was acquired by the Corporation. During the year 2020-21, the Corporation under Individual New Business, has procured 2,09,75,439 Policies with a First Year Premium Income of Rs 56,406.51 Crore. Currently the channel has tie-up with 8 PSU Banks, 6 Private Banks, 13 Regional Rural Banks, 41 Cooperative Banks and 1 Foreign Bank under Corporate Agency agreement with 57,919 outlets of these Banks all over the country. In addition to Banks, the channel has tie-up with 69 other Corporate Agents, 79 Brokers and 145 Insurance Marketing Firms (IMF). During the year 2020-21, 4 Banks, 6 Corporate Agents and 24 Insurance Marketing Firms were added to the channel. During the year 2021, the Corporation introduced 5 individual products viz. LIC's Jeevan Akshay-VII, LIC's New Jeevan Shanti, LIC's Bima Jyoti, LIC's Bachat Plus and Pradhan Mantri Vaya Vandana Yojana (Government sponsored pension scheme). In addition, the Corporation also introduced modified versions of 2 Individual Health products viz. LIC's Cancer Cover, LIC's New Jeevan Arogya and 1 Health Rider viz. LIC's Critical Illness Rider in order to make them compliant with the Guidelines on Standardization in Health Insurance, issued by IRDAI. During the FY 2020-21, the Corporation has completed 3 nos Branch Offices (Washim, Yamunanagar and CBO IV Mysore), 8 nos Residential units across the Country. Construction works are in progress for DO building at Bhubaneswar, 9 nos BOs and 90 nos Officers Quarters at various locations, Sales Training Centre building at Warangal & Bareilly and Investment Buildings at CP-3 Lucknow, GIFT CITY Gandhinagar & EM Bypass Road Kolkata. Planning initiated for Construction of major Investment Buildings at Ludhiana and Scheme 54 Indore and building for Sales Training Centre at Bhilai. The installed capacity of rooftop Solar PV till 31st March 2020 was 2,184 KWp and added 955 KWp capacity during the FY 2020-21. In the F.Y. 2020-21, 2 plots were purchased, of which 1 was purchased by the Southern Zonal Office and 1 by North Central Zonal Office. The total area is 36,177.9 sq. ft. and the total cost involved is Rs. 11.99 crore. Besides this, the Western Zonal Office has purchased 1 ready built premises with land area admeasuring 2,878.36 sq. mtrs. and total built up area admeasuring 10,189.75 sq. mtrs. The premises have been purchased for Rs 380 crore. During the year 2021-22, the Corporation under Individual New Business, has procured 2,17,18,695 Policies with a First Year Premium Income of Rs. 54,821.27 Crore. During the year 2021-22, the Overseas Branches put together issued 7,491 policies with a First Premium Income of Rs. 120.41 crore. Total Premium Income increased by 6.10% to Rs. 4,27,419.21 Crore in FY 2022. During financial year 2021-22, the Corporation introduced 5 new products including 4 Individual Products viz. LIC's Saral Jeevan Bima, LIC's Saral Pension, LIC's Arogya Rakshak, LIC's Dhan Rekha and 1 Group Product viz. LIC's Group Assurance Plan. In addition, the Corporation also introduced modified versions of eight products including six Individual Products LIC's Bima Jyoti, LIC's Jeevan Akshay VII, LIC's New Jeevan Shanti, LIC's Saral Pension, LIC's Bhagya Lakshmi, LIC's New Jeevan Mangal and two Group Products viz. LIC's New One Year Renewable Group Term Assurance Plan I and LIC's New One Year Renewable Group Term Assurance Plan II. As on 31 March, 2022, there were 8 Zonal Offices located at Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Kanpur, Bhopal and Patna. There were 113 Divisional Offices, 2,048 Branch Offices, 1564 Satellite Offices (SOs) and 1,170 Mini Offices. The Corporation came up with an Initial Public Offer by issuing 221,374,920 Equity Shares of Rs 10 each by raising funds aggregating to Rs 20,557 Cr through Offer for Sale in May, 2022. As on 31.03.2023, there were 8 Zonal Offices located at Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Kanpur, Bhopal and Patna. There were 113 Divisional Offices, 2,048 Branch Offices, 1580 Satellite Offices (SOs) and 1,169 Mini Offices. During the financial year 2022-23, the Corporation introduced 7 new Individual products viz LIC's Bima Ratna, LIC's Dhan Sanchay, LIC's New Pension Plus, LIC's Dhan Varsha, LIC's New Tech -Term, LIC's New Jeevan Amar, LIC's Jeevan Azad and 1 Group Rider viz. LIC's Group Accident Benefit Rider. In addition, the Corporation also introduced modified versions of 5 Individual Products viz. LIC's Aadhaar Stambh, LIC's Aadhaar Shila, LIC's New Jeevan Shanti , LIC's Jeevan Akshay -VII and LIC's Saral Pension. During year 2022-23, the Corporation under Individual New Business, has procured 2,04,28,937 Policies with a First Year Premium Income of Rs 58,662.11 Crores. The Overseas Branches put together issued 9,443 policies with a First Premium Income of Rs. 107.68 Crore. In 2024, the Corporation introduced products such as LIC's Jeevan Utsav, LIC's AmritBaal, LIC's Index Plus, LIC's Jeevan Dhara II, LIC's Jeevan Kiran, LIC's Dhan Vriddhi Plan and LIC's Group Post Retirement Medical Benefit Plan. During the year 2024, the Corporation has allotted 6,324,997,701 equity shares to President of India which includes 6,224,997,701 Bonus shares. LIC tied up with IDFC FIRST Bank Ltd for Bancassurance in FY 24-25. It launched the Testing Centre of Excellence (TCoE) in Bhubaneswar. Total premium income was Rs.4,88,148 Crores with an increase of 2.75% over the previous year 2024. Premium collected from Group Insurance business was Rs.1,69,112 Crores and from Individual Business was Rs. 3,19,036 Crores, an increase of 5.02% in FY 2025. Total AUM increased by 6.45% to Rs.54,52,297 Crores in FY25. In FY26, the Branch Office of the Corporation situated at International Financial Service Centre (IFSC) in GIFT City, Gandhinagar, Gujarat, commenced operations on February 27, 2026. The Corporation launched 11 new products and and modified 5 existing products to serve the customers. Corporation under under Individual New Business has procured 1,84,41,175 Policies with a New Business Premium Income of Rs 67,676 crore. Corporation sold total New Business Sum Assured of Rs 6,41,931.90 crore in 2026. During the year 2026, Corporation has added 10 Banks, 12 (Other) Corporate Agents, 58 Brokers and 42 IMFs. Corporation's total Partnership Universe for the channel now stands at 92 banks, 84 (Other) Corporate agents, 308 Brokers and 167 IMFs.
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LIC CFO Sunil Agrawal resigns to pursue other opportunities
25 Jun 2026
Life Insurance Corporation of India (LIC) announced the resignation of its chief financial officer (CFO) and key managerial personnel (KMP), Sunil Agrawal, who has stepped down to pursue better career opportunities.
In a regulatory filing, LIC said that Agrawal tendered his resignation through a letter dated June 24, 2026. His resignation will take effect from the close of business hours on July 14, 2026, following which he will cease to hold the positions of CFO and KMP of the corporation. 'Shri Sunil Agrawal has resigned from the position of chief financial officer and key managerial prsonnel of the Corporation to pursue better prospects,' LIC said in the filing. The insurer also placed on record its appreciation for Agrawal's contributions during his tenure and wished him success in his future endeavours. Life Insurance Corporation of India is engaged in the business of life insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked business. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, health, variable and CRAC. The company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25. the company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25. Shares of Life Insurance Corporation of India shed 0.29% to Rs 425.35 on the BSE. Powered by Capital Market - Live News
LIC drops after reports of government stake dilution
27 May 2026
Life Insurance Corporation of India (LIC) declined 3.32% to Rs 826.80 after media reports indicated that the government is likely to divest a 2% stake in the state-run insurer through an institutional placement in late June or early July.
As on 31st March 2026, the government held 96.50% stake in the company. According to media reports, the proposed stake sale could help the government raise up to Rs 10,000 crore (around $1 billion). In May 2022, the government had offloaded a 3.5% stake in LIC through its IPO, garnering about Rs 21,000 crore. The shares were issued at a price of Rs 949 apiece. Life Insurance Corporation of India is engaged in the business of life insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked business. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, health, variable and CRAC. The company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25. the company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25. Powered by Capital Market - Live News
Life Insurance Corporation gains after PAT rises over 23% YoY in Q4
22 May 2026
Life Insurance Corporation of India added 2.06% to Rs 817.20 after the company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25.
Total income for the period under review was Rs 2,79,909.41 crore, up 14.7% YoY. Profit before tax in Q4 FY26 stood at Rs 14,388.02 crore, down by 36% from Rs 22,467.74 crore in Q4 FY25. The life insurer wrote back current taxes worth Rs 9,079.16 crore in the March 2026 quarter. Tax outgo for the same period last year was Rs 3,429.07 crore. Net premium income increased by 11.6% to Rs 165,067.19 crore in Q4 FY26 from Rs 147,917.19 crore a year earlier. Renewal Premium was Rs 82,233.16 crore (up 3.5% YoY), Single Premium was Rs 70,118.62 crore (up 21.5% YoY) and First Year Premium was Rs 13,009 crore (up 17.2% YoY) in Q4 FY26. Income from investments rose sharply to Rs 109,210.70 crore during the quarter compared with Rs 93,442.76 crore in the corresponding quarter last year, showing a growth of 16.9%. LIC reported total surplus of Rs 89,058 crore during the quarter compared with Rs 77,053 crore a year earlier. Surplus after share of profit from associates and minority interest stood at Rs 24,964 crore compared with Rs 20,271 crore a year ago. Expenses of management rose by 25% YoY to Rs 20,699 crore, employee expenses increased by 50% YoY Rs 8,891 crore and Other operating expenses jumped by 43% YoY to Rs 4,074 crore in Q4 FY26. The company's expense management ratio improved to 12.52% from 11.15% in the corresponding quarter last year. The insurer reported 13th month persistency ratio of 67.77% compared with 68.62% a year earlier. The 61st month persistency ratio stood at 54.13% against 58.54% in the year-ago period. LIC's solvency ratio improved to 2.35 as of 31 March 2026 compared with 2.11 as of 31 March 2025. For FY26, LIC has recorded consolidated net profit and revenue from operations of Rs 57,453.15 crore (up 18.9% YoY) and Rs 9,83,583.63 crore (up 10.1% YoY), respectively. The assets under management (AUM) increased to Rs 57,29,396 crore as on 31 March 2026 as compared to Rs 54,52,297 crore on 31 March 2025 registering an increase of 5.08% year-on-year. Life Insurance Corporation of India is engaged in the business of life insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked business. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, health, variable and CRAC. Powered by Capital Market - Live News
LIC jumps as board OKs 1:1 bonus issue plan
15 Apr 2026
Life Insurance Corporation of India (LIC) rallied 3.36% to Rs 831.25 after the company announced that its board has approved the issuance of bonus equity shares in the ratio of 1:1 to the existing shareholders.
Under the approved proposal, shareholders will get one fully paid-up equity share of Rs 10 each for every one fully paid-up equity share of Rs 10 each held as on the record date. The company's existing authorised equity share capital stands at Rs 25,000 crore while its paid up equity share capital is Rs 6,324.99 crore. Post proposed bonus issuance of 1:1, the paid up equity share capital shall increase to Rs 12,649.99 crore. The reserves & surplus (In India) stood at Rs 1,46,440.58 crore as at 31st December 2025 and the company posted a profit after tax of Rs 33,998 crore for the nine-month period ended 31 December 2025. R Doraiswamy, CEO & MD, LIC said, 'Since listing in May 2022, LIC has been paying dividends consistently and also increasing the dividend per share over a period of time from Rs 1.50 per share to Rs 12 per share. We have been continuously evaluating various mechanisms for rewarding our shareholders and we believe this proposed bonus issue is a significant step taken by us in that direction. We are thankful to our shareholders for their support, patience and belief in our strategy and execution. We are confident that our entire transformation initiatives are leading to tangible results and will continue to yield better outcomes for all.' As of 31st December 2025, the promoter and promoter group hold a 96.50% stake in the company. LIC is engaged in the business of Life Insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked business. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, health, variable and CRAC. On a consolidated basis, net profit rose 17.46% YoY to Rs 12,930.44 crore in Q3 FY26, while total income increased 15.74% YoY to Rs 2,36,776.30 crore compared with Q3 FY25.
LIC's board OKs 1:1 bonus issue
14 Apr 2026
Life Insurance Corporation of India (LIC) announced that its board has approved the issuance of bonus equity shares in the ratio of 1:1 to the existing shareholders.
Under the approved proposal, shareholders will get one fully paid-up equity share of Rs 10 each for every one fully paid-up equity share of Rs 10 each held as on the record date. The company's existing authorised equity share capital stands at Rs 25,000 crore while its paid up equity share capital is Rs. 6,324.99 crore. Post proposed bonus issuance of 1:1, the paid up equity share capital shall increase to Rs 12,649.99 crore. The reserves & surplus (In India) stood at Rs 1,46,440.58 crore as at 31st December 2025 and the company posted a profit after tax of Rs 33,998 crore for the nine-month period ended 31 December 2025. R Doraiswamy, CEO & MD, LIC said, 'Since listing in May 2022, LIC has been paying dividends consistently and also increasing the dividend per share over a period of time from Rs 1.50 per share to Rs 12 per share. We have been continuously evaluating various mechanisms for rewarding our shareholders and we believe this proposed bonus issue is a significant step taken by us in that direction. We are thankful to our shareholders for their support, patience and belief in our strategy and execution. We are confident that our entire transformation initiatives are leading to tangible results and will continue to yield better outcomes for all.' LIC is engaged in the business of Life Insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked business. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, health, variable and CRAC. On a consolidated basis, net profit rose 17.46% YoY to Rs 12,930.44 crore in Q3 FY26, while total income increased 15.74% YoY to Rs 2,36,776.30 crore compared with Q3 FY25. The counter rose 0.71% to settle at Rs 804.25 on Monday, 13 April 2026. The stock market is closed today on account of Dr Babasaheb Ambedkar Jayanti.
LIC soars as board to mull bonus issue plan
8 Apr 2026
Life Insurance Corporation of India (LIC) surged 6.59% to Rs 792.35 after the company's board scheduled to meet on Monday, 13 April 2026 to consider a proposal of bonus issue.
The announcement came after market hours on 7 April 2026. LIC is engaged in the business of Life Insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked business. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, health, variable and CRAC. On a consolidated basis, net profit rose 17.46% YoY to Rs 12,930.44 crore in Q3 FY26, while total income increased 15.74% YoY to Rs 2,36,776.30 crore compared with Q3 FY25.
Corporate News
LIC to review quarterly financial results at board meeting on August 6, 2026
30 Jul 2026
Life Insurance Corporation of India will hold a board meeting on August 6, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, according to a regulatory filing. The trading window for insiders was closed from July 1, 2026, and will remain closed until August 8, 2026, following the board meeting.
Life Insurance Corporation allots 632.49 cr equity shares under bonus issue
1 Jun 2026
Life Insurance Corporation of India has allotted 632,49,97,701 equity shares of face value Rs. 10/- each as fully paid-up bonus equity shares, in proportion of 1:1 to the eligible members of the Corporation whose names appeared in the Register of Members / Register of the Beneficial Owners, as on the Record Date, i.e., 29 May 2026, fixed for the purpose. Consequent to the aforesaid allotment, the paid-up equity share capital of the Corporation stands increased to Rs. 12649,99,54,020 divided into 1264,99,95,402 equity shares of face value of Rs. 10/- each.
Life Insurance Corporation of India schedules AGM
22 May 2026
On 27 July 2026
Life Insurance Corporation of India announced that the 5th Annual General Meeting(AGM) of the company will be held on 27 July 2026.
Life Insurance Corporation of India launches new product
22 May 2026
Life Insurance Corporation of India has launched a new product 'New Jeevan Sathi Single Premium / Limited Premium' (non-par, non linked, life, individual, savings plan) which will be available for sale with effect from 01 June 2026.
Board of Life Insurance Corporation of India recommends final dividend
21 May 2026
Of Rs 10 per share
Life Insurance Corporation of India announced that the Board of Directors of the Company at its meeting held on 21 May 2026, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.
Life Insurance Corporation of India to announce Quarterly Result
14 May 2026
On 21 May 2026
Life Insurance Corporation of India will hold a meeting of the Board of Directors of the Company on 21 May 2026.
Life Insurance Corporation of India approves bonus issue of 1:1
14 Apr 2026
At meeting held on 13 April 2026
The board of Life Insurance Corporation of India at its meeting held on 13 April 2026 has approved the issuance of bonus shares in ratio of 1:1. The existing Authorised equity share capital of LIC is Rs. 25,000 crore and the paid up equity share capital is Rs. 6,324.99 crore. Post proposed bonus issuance of 1:1, the paid up equity share capital shall increase to Rs. 12,649.99 crore. The Reserves & Surplus (In India) stood at Rs. 1,46,440.58 crore as at 31st December 2025 and the Profit After Tax for nine month period ended 31st December, 2025 was Rs. 33,998 crore.
Life Insurance Corporation of India to consider Bonus Issue
8 Apr 2026
On 13 April 2026
Life Insurance Corporation of India will hold a meeting of the Board of Directors of the Company on 13 April 2026.
Results - Announcements
Life Insurance Corporation of India consolidated sales down 22.68% on year in Q2FY2026, net profit tumbled by 42.11%
7 Aug 2026
Life Insurance Corporation of India share price slipped 1.01% to Rs 387.55 after the company's net profit plunged by 42.11% to Rs 13584.25 crore, while revenue from operations nosedived 22.68% to Rs 127623.16 crore in Q2FY26 over Q1FY26. The market capitalization of Life Insurance industry group stocks on BSE stood at Rs 9.84 lakh crore, tumbling by 19.71%. It has softened by 5.01% over last one week and edged lower by 4.81% in last one month while the market capitalization of Life Insurance Corporation of India has eased by 8.78% and 3.41% in the same period respectively. Profit before tax (PBT) of Life Insurance Corporation of India stood at Rs 15312.43 crore in Q2 FY26, jumping 36.07% year-on-year, and rising 6.42% quarter-on-quarter. EBITDA came in at Rs 12711 crore, rallying 15.10% YoY and expanding by 57.77% sequentially. Total expenses fell by 14.95% to Rs 225841.43 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 6048.3 crore, collapsing by 31.97% YoY. For the TTM ended FY26, revenue from operations posted a slight growth of 9.77% to Rs 5.38 lakh crore, while net profit expanded by 18.90% to Rs 57453.15 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 4913156% to Rs 41852.38 crore, and PBT slipped by 4.96% to Rs 53475.48 crore compared to previous TTM. Life Insurance Corporation of India nosedived by 13.17% in last one year, underperforming the benchmark BSE Sensex which has softened by 1.97% during the same period.
Life Insurance Corporation of India consolidated sales down 22.68% on year in Q2FY2026, net profit plunged by 42.11%
6 Aug 2026
Life Insurance Corporation of India share price ticked higher by 0.13% to Rs 391.5. The Company's net profit tanked by 42.11% to Rs 13584.25 crore, while revenue from operations nosedived 22.68% to Rs 127623.16 crore in Q2FY26 over Q1FY26. The market capitalization of Life Insurance industry group stocks on BSE stood at Rs 9.84 lakh crore, tumbling by 19.71%. It has slipped by 4.61% over last one week and softened by 4.81% in last one month while the market capitalization of Life Insurance Corporation of India has softened by 8.32% and 3.41% in the same period respectively. Profit before tax (PBT) of Life Insurance Corporation of India stood at Rs 15312.43 crore in Q2 FY26, jumping 36.07% year-on-year, and rising 6.42% quarter-on-quarter. EBITDA came in at Rs 12711 crore, rallying 15.10% YoY and expanding by 57.77% sequentially. Total expenses reduced by 14.95% to Rs 225841.43 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 6048.3 crore, plunging by 31.97% YoY. For the TTM ended FY26, revenue from operations grew marginally by 9.77% to Rs 5.38 lakh crore, while net profit improved by 18.90% to Rs 57453.15 crore, compared to previous TTM. EBITDA soared by 4913156% to Rs 41852.38 crore, and PBT softened 4.96% to Rs 53475.48 crore compared to previous TTM. Life Insurance Corporation of India nosedived by 12.22% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.64% during the same period.
Life Insurance Corporation of India consolidated net profit rises 23.26% in the March 2026 quarter
22 May 2026
Sales rise 11.59% to Rs 165067.19 crore
Net profit of Life Insurance Corporation of India rose 23.26% to Rs 23467.18 crore in the quarter ended March 2026 as against Rs 19038.67 crore during the previous quarter ended March 2025. Sales rose 11.59% to Rs 165067.19 crore in the quarter ended March 2026 as against Rs 147917.19 crore during the previous quarter ended March 2025. For the full year,net profit rose 18.90% to Rs 57453.15 crore in the year ended March 2026 as against Rs 48320.33 crore during the previous year ended March 2025. Sales rose 9.77% to Rs 537603.79 crore in the year ended March 2026 as against Rs 489775.39 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Sales 165067.19 147917.19 12 537603.79 489775.39 10 OPM % 6.80 14.54 - 8.87 10.76 - PBDT 14388.02 22467.74 -36 53475.48 56266.98 -5 PBT 14388.02 22467.74 -36 53475.48 56266.98 -5 NP 23467.18 19038.67 23 57453.15 48320.33 19 Powered by Capital Market - Live News
Market Commentary - Mid-Session
Market trade higher amid positive global cues.
22 May 2026
The key equity benchmarks continued to trade with rboust gains in mid-morning trade supported by positive global cues. Optimism surrounding a potential peace agreement between the U.S. and Iran lifted investor sentiment. Although crude oil prices edged higher, they retreated from the $105-per-barrel level. Meanwhile, the rupee strengthened against the U.S. dollar. Investors also remained focused on the ongoing quarterly earnings season and developments related to the India-U.S. trade agreement. The Nifty traded above the 23,750 level. Consumer durables shares rebounded after witnessing losses in the previous trading session. At 11 25 IST, the barometer index, the S&P BSE Sensex added 389.13 points or 0.50% to 75,565.69. The Nifty 50 index rose 106.20 points or 0.45% to 23,760.35. The broader market outperformed the frontline indices. The BSE 150 MidCap Index rose 0.13% and the BSE 250 SmallCap Index adanced 0.09%. The market breadth was strong. On the BSE, 2,031 shares rose and 1,509 shares fell. A total of 229 shares were unchanged. In the commodities market, Brent crude for July 2026 settlement advanced $1.51 or 1.47% to $104.09 a barrel. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 96.1700 compared with its close of 96.3650 during the previous trading session. Buzzing Index: The Nifty Consumer Durables index jumped 0.69% to 35,423. The index jumped 1.20% in the two consecutive trading sessions. Dixon Technologies (India) (up 4.64%), Crompton Greaves Consumer Electricals (up 1.76%), PG Electroplast (up 1.72%), Kajaria Ceramics (up 0.78%), Bata India (up 0.48%), Kalyan Jewellers India (up 0.3%), Blue Star (up 0.04%) surged. Stocks in Spotlight: Life Insurance Corporation of India added 2.45% after the company reported 23.3% rise in consolidated net profit to Rs 23,467.18 crore in Q4 FY26 from Rs 19,038.67 crore in Q4 FY25. Total income for the period under review was Rs 2,79,909.41 crore, up 14.7% YoY. Quick Heal Technologies declined 6.88% after the company's consolidated net loss widened to Rs 19.94 crore in Q4 FY26 as against a net loss of Rs 3.25 crore reported in Q4 FY25. Revenue from operations declined 25.19% year on year (YoY) to Rs 48.73 crore in the quarter ended 31 March 2026. Laxmi Dental hit an upper limit of 20% after the integrated dental products company reported strong consolidated Q4 FY26 earnings, aided by robust growth across its dental laboratory and aligner businesses. The company's consolidated profit after tax after share of profit/loss from joint ventures surged 136.1% YoY to Rs 10.09 crore in Q4 FY26 from Rs 4.27 crore in Q4 FY25. Revenue from operations rose 21.9% YoY and 12% QoQ to Rs 73.95 crore during the quarter. Global Markets: Asia market traded higher Friday as investors assess U.S.-Iran diplomatic efforts at reaching a peace deal in the Middle East. Tehran intending to keep its enriched uranium stockpile within the country, according to a media report, could complicate negotiations with Washington, as President Donald Trump has made dismantling Iran's nuclear program a central objective of his military action against Tehran. On the data front, Japan's core inflation eased more than expected in April to its lowest level since March 2022, weakening the case for an early rate hike by the Bank of Japan. Core inflation, which strips out prices of fresh food, came in at 1.4%, lower than the 1.7% figure that was widely reported in the media and below the 1.8% reading in March. Overnight on Wall Street, the Dow Jones Industrial Average rose to a record close Thursday as oil prices and Treasury yields were volatile, with traders hoping for a resolution to the Middle East conflict. The blue-chip index gained 276.31 points, or 0.55%, for a closing record of 50,285.66. The S&P 500 advanced 0.17% to 7,445.72, while the Nasdaq Composite increased 0.09% to end at 26,293.10. Powered by Capital Market - Live News
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