Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Life Insurance Corporation of India
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 201,231 | 190,163 | 203,033 | 214,054 | 238,717 | 211,952 | 231,132 | 203,751 | 243,134 | 224,671 | 241,524 | 235,954 | 276,744 |
| Expenses + | 189,692 | 180,169 | 194,558 | 204,815 | 237,152 | 202,180 | 224,544 | 191,818 | 221,621 | 214,198 | 232,032 | 223,588 | 265,521 |
| Operating Profit | 11,539 | 9,994 | 8,475 | 9,239 | 1,564 | 9,773 | 6,588 | 11,934 | 21,514 | 10,474 | 9,492 | 12,366 | 11,222 |
| OPM % | 6% | 5% | 4% | 4% | 1% | 5% | 3% | 6% | 9% | 5% | 4% | 5% | 4% |
| Other Income + | 612 | 117 | 288 | 206 | 14,249 | 1,001 | 794 | 818 | 954 | 780 | 1,044 | 822 | 3,166 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 12,151 | 10,111 | 8,763 | 9,445 | 15,813 | 10,774 | 7,382 | 12,752 | 22,468 | 11,253 | 10,537 | 13,188 | 14,388 |
| Tax % | 8% | 14% | 13% | 15% | 12% | 15% | 16% | 14% | 15% | 15% | 14% | 15% | -63% |
| Net Profit + | 13,189 | 9,634 | 8,032 | 9,434 | 13,842 | 10,527 | 7,723 | 11,009 | 19,039 | 10,955 | 10,096 | 12,908 | 23,467 |
| EPS in Rs | 10.43 | 7.62 | 6.35 | 7.49 | 10.94 | 8.34 | 6.11 | 8.70 | 15.05 | 8.66 | 7.98 | 10.22 | 18.55 |
Financials of Life Insurance Corporation of India
Annual income statement trend
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 571,508 | 628,043 | 690,914 | 723,606 | 784,628 | 845,966 | 889,970 | 977,772 |
| Expenses + | 565,587 | 634,989 | 691,166 | 720,280 | 750,498 | 813,316 | 836,692 | 930,108 |
| Operating Profit | 5,920 | -6,947 | -252 | 3,326 | 34,130 | 32,651 | 53,278 | 47,664 |
| OPM % | 1% | -1% | -0% | 0% | 4% | 4% | 6% | 5% |
| Other Income + | 2,615 | 20,870 | 12,820 | 9,248 | 7,800 | 14,829 | 3,495 | 5,812 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 336 | 379 | 417 | 436 | 466 | 466 | 506 | 0 |
| Profit before tax | 8,199 | 13,544 | 12,151 | 12,138 | 41,463 | 47,014 | 56,267 | 53,475 |
| Tax % | 68% | 80% | 76% | 66% | 13% | 13% | 14% | -7% |
| Net Profit + | 2,627 | 2,710 | 2,974 | 4,125 | 35,997 | 40,916 | 48,320 | 57,453 |
| EPS in Rs | 3.26 | 28.46 | 32.34 | 38.20 | 45.42 | |||
| Dividend Payout % | 2% | 2% | 0% | 23% | 5% | 15% | 16% | 11% |
Financials of Life Insurance Corporation of India
Capital structure and asset base
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 100 | 100 | 100 | 6,325 | 6,325 | 6,325 | 6,325 | 6,325 |
| Reserves | 710 | 902 | 6,784 | 5,012 | 39,908 | 76,422 | 120,901 | 170,280 |
| Borrowings + | 269,401 | 253,414 | 4 | 1 | 0 | 0 | 0 | 1 |
| Other Liabilities + | 3,157,039 | 3,245,419 | 3,822,637 | 4,242,719 | 4,532,258 | 5,233,300 | 5,533,342 | 5,771,950 |
| Total Liabilities | 3,427,249 | 3,499,834 | 3,829,524 | 4,254,058 | 4,578,491 | 5,316,047 | 5,660,568 | 5,948,556 |
| Fixed Assets + | 25,194 | 28,216 | 17,723 | 17,770 | 20,473 | 20,667 | 21,330 | 4,757 |
| CWIP | 710 | 734 | 148 | 199 | 331 | 403 | 326 | 0 |
| Investments | 2,900,287 | 2,976,100 | 3,517,445 | 3,926,211 | 4,243,008 | 4,976,133 | 5,298,429 | 5,580,356 |
| Other Assets + | 501,059 | 494,784 | 294,208 | 309,878 | 314,678 | 318,844 | 340,483 | 363,444 |
| Total Assets | 3,427,249 | 3,499,834 | 3,829,524 | 4,254,058 | 4,578,491 | 5,316,047 | 5,660,568 | 5,948,556 |
Financials of Life Insurance Corporation of India
Operating, investing and financing cash movement
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 13,274 | 54,367 | 80,602 | -3,783 | 54,519 | 26,548 | -9,145 | -26,211 |
| Cash from Investing Activity + | 9,636 | -40,415 | 148,447 | 12,531 | -52,848 | -25,695 | 40,832 | 34,708 |
| Cash from Financing Activity + | -13,700 | -18,664 | -256,125 | 0 | -949 | -4,427 | -3,794 | -7,626 |
| Net Cash Flow | 9,210 | -4,712 | -27,077 | 8,748 | 722 | -3,574 | 27,893 | 871 |
| Free Cash Flow | 11,281 | 53,447 | 86,765 | -3,879 | 53,976 | 25,835 | -9,860 | -27,181 |
| CFO/OP | 500% | -908% | -27,549% | 108% | 143% | 64% | -18% | -43% |
Financials of Life Insurance Corporation of India
Working capital efficiency and return ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 78 | 63 | 35 | 42 | 43 | 39 | 38 | 45 |
| ROCE % | 5% | 9% | 131% | 143% | 73% | 53% | 35% |