The Life Insurance Corporation of India (LIC) has announced its financial results for the fiscal year ending March 31, 2026. The board has approved a 1:1 bonus issue, with a record date of May 29, 2026. Additionally, the company recommended a final dividend of Rs. 10 per share. The corporation reported strong performance metrics, reflecting a robust growth strategy for the 2025-26 financial year.
Fiscal Year 2025-26 Performance Highlights
For the financial year ended March 31, 2026, the corporation demonstrated significant operational scale. Net premium income for the year reached Rs. 5,35,984.22 crore, compared to Rs. 4,88,148.17 crore in the previous year. The consolidated net profit after tax stood at Rs. 57,453.15 crore. The corporation’s auditors have issued an unmodified opinion on these financial results, confirming the accuracy of the reported figures.
Strategic Bonus Issue and Dividend
To reward shareholders, the board has approved a 1:1 bonus equity share issue. Shareholders will receive one new fully paid-up equity share for every existing share held. The record date for this bonus issue is set for May 29, 2026, with a deemed allotment date of June 01, 2026. Furthermore, a final dividend of Rs. 10 per equity share has been recommended, subject to approval at the 5th Annual General Meeting scheduled for July 27, 2026. The record date for the final dividend is fixed for June 25, 2026.
Accounting Policy and Operational Updates
During the final quarter, the corporation implemented a strategic change in its accounting policy regarding debt securities. By amortizing discounts on investments over the remaining holding period until maturity, the company has achieved a more appropriate representation of its financial statements. This change resulted in Rs. 10,958.97 crore being recognized as Amortisation of Discount on Investments. Additionally, management has successfully navigated regulatory requirements concerning the replenishment of funds for management expenses and pension liabilities, further strengthening the corporation’s balance sheet for the 2026-27 fiscal cycle.
Source: BSE
