LIC Q4 Results: Profit Jumps 23% to Rs 23,467 Cr; Announces Dividend, Bonus Share Issue on Huge Premium Growth

State-owned insurance giant Life Insurance Corporation of India (LIC) posted strong Q4 FY26 results, with consolidated net profit increasing 23% year-on-year to Rs 23,467 crore from Rs 19,039 crore in the same quarter last year. The rise was backed by robust premium income and investment performance.

LIC Q4 Results FY26: Profit Rises 23% to Rs 23,467 Crore on Strong Premium and Investment Income

For the full financial year FY26, LIC posted a net profit of Rs 57,453 crore, marking a 19% increase over Rs 48,320 crore reported in FY25. The insurer also recorded steady expansion in its core business, with annual net premium income rising 10% to Rs 5.38 lakh crore, up from Rs 4.90 lakh crore in the previous fiscal year.

1:1 Bonus Issue+ 100% Dividend: LIC Announced First Ever Bonus Share and Final Dividend; Check Payout and Record Date

Alongside its earnings announcement, LIC's board recommended a final dividend of Rs 10 per equity share for FY26, subject to shareholder approval. In a further shareholder-friendly move, the company also declared a 1:1 bonus issue, effectively offering Rs 10 per share as bonus in addition to the dividend.

The company has fixed May 29, 2026, as the record date for the bonus issue, while June 25, 2026, has been set as the record date for dividend eligibility. The deemed date of allotment for bonus shares is June 1, 2026.

Strong Premium Growth in Q4

LIC's operating performance showed healthy momentum during the March quarter. Net premium income for Q4 FY26 stood at Rs 1.65 lakh crore, up 12% from Rs 1.48 lakh crore in the corresponding quarter last year.

Key business segments also posted gains:

• First-year premium income increased 17% to Rs 13,009 crore
• Renewal premium rose 14% to Rs 82,233 crore
• Single premium collections climbed 22% to Rs 70,119 crore

LIC posted higher surplus in Q4 FY26 driven by investment income growth

Investment performance remained a key driver of earnings. Income from investments increased to Rs 1.09 lakh crore in Q4 FY26, up from Rs 93,443 crore a year earlier, reflecting improved market conditions and portfolio performance.

Total surplus for the quarter stood at Rs 89,058 crore, compared to Rs 77,053 crore in Q4 FY25. After accounting for profit sharing with policyholders and minority interests, surplus attributable to shareholders rose to Rs 24,964 crore.

LIC Q4 Earnings: Higher Employee Costs Drive Increase in Operating Expenses

LIC also reported higher operating expenses during the quarter. The expense of management ratio increased to 12.52%, compared to 11.15% a year earlier. Total expenses rose to Rs 20,699 crore, driven by higher employee-related costs and operational spending.

Employee remuneration and welfare expenses rose significantly to Rs 8,891 crore, while other operating expenses increased to Rs 4,074 crore.

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