News ArticleLIC Reports ₹25,699.03 Crore Profit After Tax for Half-Year Ending September 30, 2026
Gross premium income stood at ₹275,423.26 crore in unaudited consolidated results prepared under Indian GAAP
Life Insurance Corporation of India (LIC) announced an unaudited consolidated profit after tax of ₹25,699.03 crore for the half-year ended September 30, 2026, with gross premium income reaching ₹275,423.26 crore, reflecting the company's financial performance for the period under Indian GAAP.
Life Insurance Corporation of India
General / Other
Life Insurance Corporation of India (LIC) announced its unaudited consolidated financial results for the quarter and half-year ended September 30, 2026, reporting a profit after tax of ₹25,699.03 crore for the half-year period and gross premium income of ₹275,423.26 crore.
The unaudited results were prepared in accordance with Indian GAAP and the IRDAI Regulations, following a forbearance from IRDAI to defer adoption of Indian Accounting Standards by one year.
During the quarter ended September 30, 2026, LIC recorded gross premium income of ₹147,627.12 crore and a profit after tax of ₹12,114.78 crore on a consolidated basis.
For the standalone entity, gross premium income reached ₹147,209.79 crore for the quarter, with a profit after tax of ₹12,076.02 crore.
Paid-up equity share capital was ₹12,650.00 crore as of September 30, 2026, compared to ₹6,325.00 crore for the same period in the prior year, reflecting share capital changes.
The earnings per share (basic and diluted) for the quarter were ₹9.58 on a face value of ₹10 each.
Highlights
- Consolidated gross premium income for half-year ended Sep 30, 2026: ₹275,423.26 crore
- Consolidated net profit after tax for half-year ended Sep 30, 2026: ₹25,699.03 crore
- Standalone gross premium income for quarter ended Sep 30, 2026: ₹147,209.79 crore
- Standalone profit after tax for quarter ended Sep 30, 2026: ₹12,076.02 crore
- Paid-up equity share capital as of Sep 30, 2026: ₹12,650.00 crore
- Earnings per share (basic and diluted) for quarter ended Sep 30, 2026: ₹9.58
Key Data Snapshot
What happened
- LIC announced unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
- The results show a consolidated profit after tax of ₹25,699.03 crore for the half-year and ₹12,114.78 crore for the quarter.
- Gross premium income stood at ₹275,423.26 crore for the half-year and ₹147,627.12 crore for the quarter on a consolidated basis.
Key details
- Financial results were prepared under Indian GAAP and Schedule II of the IRDAI regulations due to a forbearance from IRDAI to defer Ind AS adoption by one year.
- Earnings per share on a face value of ₹10 each were ₹9.58 (basic and diluted) for the quarter.
- Paid-up equity share capital increased to ₹12,650.00 crore as of September 30, 2026, from ₹6,325.00 crore in the comparable prior period.
Regulatory and governance context
- Results are unaudited and prepared following the IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations 2024.
- The company obtained regulatory approval to defer the adoption of Indian Accounting Standards (Ind AS) by one year starting April 1, 2026.
Highlights
- Consolidated gross premium income for half-year ended Sep 30, 2026: ₹275,423.26 crore
- Consolidated net profit after tax for half-year ended Sep 30, 2026: ₹25,699.03 crore
- Standalone gross premium income for quarter ended Sep 30, 2026: ₹147,209.79 crore
- Standalone profit after tax for quarter ended Sep 30, 2026: ₹12,076.02 crore
- Paid-up equity share capital as of Sep 30, 2026: ₹12,650.00 crore
- Earnings per share (basic and diluted) for quarter ended Sep 30, 2026: ₹9.58
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024
- IRDAI (Actuarial, Finance and Investment Functions of Insurers) (Amendment) Regulations, 2026
Source Information
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