LIC of India has announced its audited financial results for the fiscal year ended March 31, 2026, reporting a robust performance. The Board has recommended a final dividend of ₹10 per equity share and approved a 1:1 bonus share issue. Shareholders will receive one new fully paid-up share for every existing share held. The corporation also disclosed a change in accounting policy regarding the amortization of investment discounts to improve financial presentation.
Financial Performance Overview
For the financial year ended March 31, 2026, the corporation demonstrated stable growth. The standalone net profit for the year stood at ₹57,418.55 crore. The Board of Directors has recommended a final dividend of ₹10 per equity share (with a face value of ₹10 each) for the 2025-26 financial year, which will be subject to approval at the 5th Annual General Meeting scheduled for July 27, 2026.
Bonus Share Details
In a significant move to reward its shareholders, the Board approved a 1:1 bonus issue. This means eligible members will receive 1 (one) new fully paid-up equity share of ₹10 for every 1 (one) existing fully paid-up equity share. The record date for determining eligibility for this bonus issue is set for Friday, May 29, 2026, with the deemed date of allotment fixed for Monday, June 01, 2026.
Dividend Record Date
Separate from the bonus issue, the corporation has fixed Thursday, June 25, 2026, as the record date for determining the eligibility of members to receive the proposed final dividend for the 2025-26 fiscal year.
Key Accounting Policy Change
The corporation has implemented a strategic change in its significant accounting policy regarding the recognition of investment income for debt securities. Previously recognized at the time of redemption or maturity, the corporation will now amortize discounts on a straight-line basis over the remaining holding period. This transition resulted in ₹10,958.97 crore being recognized as the amortization of discount on investments in the revenue account for the quarter and year ended March 31, 2026, leading to a more accurate reflection of financial health.
Source: BSE
