Life Insurance Corporation of India (LIC) has announced its financial results for the quarter and year ended March 31, 2026. The Board has recommended a final dividend of Rs. 10 per equity share and approved a bonus share issue in a 1:1 ratio. These strategic moves, alongside a 100% unmodified audit opinion on its financial statements, reflect the corporation’s robust growth and commitment to maximizing long-term value for its shareholders.
Financial Highlights for FY 2025-26
For the financial year ended March 31, 2026, LIC reported strong financial performance. The corporation recorded a significant net profit and saw continued growth across its diversified insurance segments. The audit report for both standalone and consolidated financial statements has been issued with an unmodified opinion, underscoring the accuracy and transparency of the corporation’s reporting standards.
Strategic Shareholder Initiatives
In a major development for investors, the Board of Directors has approved a 1:1 bonus share issue. This means shareholders will receive one new fully paid-up equity share for every existing share held. The record date for this bonus issue is May 29, 2026, with a deemed allotment date of June 01, 2026.
Furthermore, the Board has recommended a final dividend of Rs. 10 per equity share for the fiscal year 2025-26. This dividend is equivalent to Rs. 20 per share on a pre-bonus issue basis. The record date to determine eligibility for this dividend payment is set for June 25, 2026, pending final approval at the upcoming 5th Annual General Meeting scheduled for July 27, 2026.
Operational Updates and Accounting Changes
The Corporation has implemented a material revision in its Significant Accounting Policy effective from FY 2025-26. This includes the amortization of premiums or discounts on debt securities over the remaining holding period until maturity, moving away from recognizing such income solely at the time of redemption. Additionally, the company has successfully managed its segment performance across life and non-life portfolios, ensuring long-term sustainability and regulatory compliance.
Source: BSE
