INTEGRATED FILING — LI



General information about company

Scrip code 543526
NSE Symbol LICI
MSEI Symbol NA
ISIN INE0J1Y01017
Name of Company LIFE INSURANCE CORPORATION OF INDIA
Type of company Main Board
Class of security Equity
Type Of Insurance Non-Linked Policy And Linked Policy
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 21-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 13-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Start date and time of board meeting 21-05-2026   12:05:00
End date and time of board meeting 21-05-2026   16:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Direct
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion





Format for financial results by life insurance companies filed with stock exchanges

Amount in (Lakhs)

Partiuclars Current Quarter Year to Date Figures
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
Policyholders' Accounts
1 Income
(i) Gross premium income
(a) First Year Premium 13,00,900.00 42,10,792.00
(b) Renewal Premium 82,23,316.00 2,77,35,043.00
(c) Single Premium 70,11,862.00 2,18,92,015.00
Gross premium income 1,65,36,078.00 5,38,37,850.00
(ii) Net premium income 1,65,06,719.00 5,37,60,379.00
(iii) Income from investments (Net) 1,09,21,070.00 4,31,57,357.00
(iv) Other income
1 Other income 2,39,517.00 2,80,749.00
2 Share of Profit in Associates 1,80,486.00 7,00,931.00
3 Minority Interest (129.00) (2,823.00)
Total other income 4,19,874.00 9,78,857.00
(v) Transfer Of Funds From Shareholders Account 72,116.00 2,81,275.00
(vi) Total Income 2,79,19,779.00 9,81,77,868.00
2 Expenses
(i) Commission on
(a) First Year Premium 3,13,889.00 9,36,864.00
(b) Renewal Premium 4,16,546.00 14,24,056.00
(c) Single Premium 43,668.00 95,471.00
Total Commission 7,74,103.00 24,56,391.00
(ii) Net Commission 7,73,337.00 24,55,555.00
(iii) Operating Expenses related to insurance business
(a) Employees remuneration and welfare expenses 8,89,119.00 27,93,834.00
(b) Administration expenses 3,02,159.00 8,65,694.00
(c) Advertisement and publicity 29,702.00 68,549.00
(b) Other operating expenses
1 Rent Rates and Taxes 24,946.00 84,765.00
2 Repairs 15,758.00 29,115.00
3 Auditors Fees 595.00 1,789.00
4 Interest and Bank Charges 4,974.00 13,331.00
5 Expenses on Investment Property 4,186.00 15,980.00
6 Electricity Charges 4,451.00 21,592.00
7 Depreciation 20,640.00 70,670.00
Total other operating expenses 75,550.00 2,37,242.00
Total operating expenses related to insurance business 12,96,530.00 39,65,319.00
Total Expenses of Management 20,69,867.00 64,20,874.00
(iv) Provisions for doubtful debts (including bad debts written off) (54,399.00) (81,136.00)
(v) Provisions for diminution in value of investments 7,520.00 (78,314.00)
(vi) Goods & Service tax charge on linked charges (22.00) 14,876.00
(vii) Provision for taxes
Current Tax (9,06,867.00) (4,04,840.00)
Deffered Tax 0.00 0.00
Total provision of taxes (9,06,867.00) (4,04,840.00)
(viii) Benefits Paid (Net) 1,80,16,849.00 4,98,51,485.00
(ix) Change in actuarial liability 62,90,384.00 3,63,51,048.00
Total Expenses 2,54,23,332.00 9,20,73,993.00
3 Net Surplus(Deficit) 24,96,447.00 61,03,875.00



4 Appropriations
(a) Transferred to Shareholders A/c 22,19,277.00 54,05,713.00
(b) Funds for Future Appropriation 2,77,170.00 6,98,162.00
5 Details of Surplus / Deficit
(a) Interim bonus paid 4,47,041.00 8,35,671.00
(b) Allocation of bonus to policyholders 59,62,265.00 59,72,553.00
(c) Surplus shown in the Revenue Account 24,96,447.00 61,03,875.00
(d) Terminal bonus paid 0.00 0.00
Total Surplus (Deficit ) 89,05,753.00 1,29,12,099.00



SHAREHOLDERS ' Account

Amount in (Lakhs)

1 Income
(i) Transfer from Poliycholders' Account 22,19,277.00 54,05,713.00
(ii) Income under Shareholders' Account
(a) Investment Income 2,46,588.00 8,59,472.00
(b) Other income
1 Other Income 4,931.00 19,131.00
Total Other income 4,931.00 19,131.00
Total income under shareholders account 2,51,519.00 8,78,603.00
Total Income 24,70,796.00 62,84,316.00
2 Expenses
(i) Expenses other than those related to insurance business 52,999.00 2,53,070.00
(ii) Transfer of funds to policyholders account 72,116.00 2,81,275.00
(iii) Provisions for doubtful debts (including write off) (6.00) (88.00)
(iv) Provisions for diminution in value of investments 18.00 (2,329.00)
Total Expenses 1,25,127.00 5,31,928.00
3 Profit/ (loss) before tax 23,45,669.00 57,52,388.00
4 Provisions for tax (1,049.00) 7,073.00
(i) Current tax (1,049.00) 7,073.00
(ii) Deffered tax 0.00 0.00
5 Profit / (loss) after tax and before Extraordinary Items 23,46,718.00 57,45,315.00
6 Extraordinary Items (Net of tax expenses) 0.00 0.00
7 Profit/ (loss) after tax and Extraordinary Items 23,46,718.00 57,45,315.00
8 Dividend per share
(a) Interim Dividend 0.00 0.00
(b) Final Dividend 0.00 0.00
9 Profit/(Loss) carried to Balance Sheet 1,70,00,311.00 1,70,00,311.00
10 Paid up equity share capital 6,32,500.00
11 Reserve & Surplus (excluding Revaluation Reserve) 1,71,23,089.00 1,71,23,089.00
12 Fair Value Change Account and Revaluation Reserve (Shareholders) (95,055.00)
13 Assets
(i) Investments:
(a) Shareholders 1,49,83,914.00
(b) Policyholders Fund excluding Linked Assets 53,68,32,926.00
(c) Assets held to cover Linked Liabilities 62,18,778.00
Total Investments 55,80,35,618.00
(b) Other Assets (Net of current liabilities and provisions) 3,29,17,507.00
Total Assets 59,09,53,125.00
14 Analytical Ratios
(i) Solvency Ratio 2.3500 2.3500
(ii) Expenses of Management Ratio 12.5200 11.9300
(iii) Policyholder 's liabilities to shareholders' fund 3,241.00 3,241.00
(iv) Earnings per share (Rs.):
(a) Basic and diluted EPS before extraordinary items (net of tax expense) for the period (not to be annualized) 37.1 90.84
(b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not to be annualized) 37.1 90.84
(v) NPA ratios: (for policyholders' fund)
(a) Gross NPAs
Non Linked
Par 7,16,937.00 7,16,937.00
Non Par 0.00 0.00
Linked
Par 0.00 0.00
Non Par 3,584.00 3,584.00
Net NPAs
Non Linked
Par 434.00 434.00
Non Par 0.00 0.00
Linked
Par 0.00 0.00
Non Par 0.00 0.00
% of Gross NPAs
Non Linked
Par 1.4600 1.4600
Non Par 0 0
Linked
Par 0 0
Non Par 7.6100 7.6100
% of Net NPAs
Non Linked
Par 0 0
Non Par 0 0
Linked
Par 0 0
Non Par 0 0
(vi) Yield on Investments (on policyholders' fund)
(a) Without unrealised gains
Non Linked
Par 8.5200 8.3700
Non Par 10.6100 10.0100
Linked
Par 0 0
Non Par 5.700 8.5700
(b) With unrealised gains
Non Linked
Par -6.500 6.5900
Non Par -18.5700 4.5200
Linked
Par 0 0
Non Par -45.1200 -0.7100
(vii) NPA ratios: (for shareholders' fund)
(a) Gross NPAs 0.00 0.00
Net NPAs 0.00 0.00
(b) Percentage of Gross NPAs 0 0
Percentage of Net NPAs 0 0
(viii) Yield on Investments (on shareholders' fund)
(a) Without unrealised gains 685.00 661.00
(b) With unrealised gains (132.00) 610.00
(ix) Persistency Ratio
1 13th Month 67.7700 74.6400
2 25th Month 63.3200 68.9800
3 37th Month 61.7800 66.9400
4 49th Month 56.8700 63.0300
5 61st Month 54.1300 59.3100
(ix) Other Rations
(x) Conservation Ratio 90.8300 92.3300
(xi) Percentage of shares held by Government of India (in case of public sector insurance companies) 96.500 96.500


Investor Compliants
(i) No of investor complaints pending at the beginning of the period 5 1
(ii) No of investor complaints during the period 141 922
(iii) No of investor complaints disposed off during the period 143 920
(iv) No of investor complaints remaining unresolved at the end of the period 3 3



(c) Notes Format for financial results by life insurance companies filed with stock exchanges



Format for financial results by life insurance companies filed with stock exchanges

Amount in (Lakhs)

Partiuclars Current Quarter Year to Date Figures
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
Segment Income
1 Name of segment Life Participating
(i) Net premium 84,40,958.00 2,84,77,601.00
(ii) Income form investments 69,93,960.00 2,66,07,145.00
(iii) Transfer of funds from shareholders' account 61,062.00 2,41,922.00
(iv) Other income 2,24,292.00 2,38,037.00
2 Name of segment Pension Participating
(i) Net premium 11,077.00 31,938.00
(ii) Income form investments 95,624.00 3,29,569.00
(iii) Transfer of funds from shareholders' account 481.00 1,922.00
(iv) Other income 0.00 (2.00)
3 Name of segment Annuity Participating
(i) Net premium 48.00 167.00
(ii) Income form investments 9,330.00 36,832.00
(iii) Transfer of funds from shareholders' account 0.00 0.00
(iv) Other income 0.00 0.00
4 Name of segment Life Non Participating
(i) Net premium 36,31,085.00 1,06,88,017.00
(ii) Income form investments 24,04,925.00 82,45,863.00
(iii) Transfer of funds from shareholders' account 0.00 0.00
(iv) Other income 11,317.00 27,592.00
5 Name of segment Pension Non Participating
(i) Net premium 32,04,598.00 1,06,65,425.00
(ii) Income form investments 16,02,990.00 67,33,695.00
(iii) Transfer of funds from shareholders' account 0.00 0.00
(iv) Other income 3,946.00 15,250.00
6 Name of segment Annuity Non Participating
(i) Net premium 4,74,455.00 15,82,584.00
(ii) Income form investments 3,43,162.00 12,64,719.00
(iii) Transfer of funds from shareholders' account 0.00 0.00
(iv) Other income (10.00) (15.00)
7 Name of segment Variable Non Participating
(i) Net premium 52.00 258.00
(ii) Income form investments 194.00 776.00
(iii) Transfer of funds from shareholders' account 1,281.00 1,281.00
(iv) Other income 0.00 (5.00)
8 Name of segment Health Non Participating
(i) Net premium 6,865.00 17,164.00
(ii) Income form investments 1,744.00 6,463.00
(iii) Transfer of funds from shareholders' account 0.00 0.00
(iv) Other income 0.00 (1.00)
9 Name of segment Linked Life Non Participating
(i) Net premium 6,74,265.00 20,83,473.00
(ii) Income form investments (5,30,512.00) (28,355.00)
(iii) Transfer of funds from shareholders' account 9,292.00 36,150.00
(iv) Other income (28.00) (107.00)
10 Name of segment Linked Pension Non Participating
(i) Net premium 64,932.00 2,10,327.00
(ii) Income form investments (99,865.00) (473.00)
(iii) Transfer of funds from shareholders' account 0.00 0.00
(iv) Other income 0.00 0.00
11 Name of segment Linked Health Non Participating
(i) Net premium (1,620.00) 3,340.00
(ii) Income form investments (9,587.00) 3,563.00
(iii) Transfer of funds from shareholders' account 0.00 0.00
(iv) Other income 0.00 0.00
12 Name of segment Capital Redemption and Annuity Certain(CRAC)
(i) Net premium 4.00 85.00
(ii) Income form investments 336.00 1,536.00
(iii) Transfer of funds from shareholders' account 0.00 0.00
(iv) Other income 0.00 0.00
13 Name of segment Shareholders
(i) Net premium 0.00 0.00
(ii) Income form investments 2,46,727.00 8,57,078.00
(iii) Transfer of funds from shareholders' account 0.00 0.00
(iv) Other income 4,931.00 19,131.00
14 Name of segment Unallocated
(i) Net premium 0.00 0.00
(ii) Income form investments 0.00 0.00
(iii) Transfer of funds from shareholders' account 0.00 0.00
(iv) Other income 0.00 0.00



Format for financial results by life insurance companies filed with stock exchanges

Amount in (Lakhs)

Partiuclars Current Quarter Year to Date Figures
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
Segment Surplus/(Deficit) (net of transfer from shareholders' A/c)
1 Life Participating 8,96,948.00 12,75,171.00
2 Pension Participating 31,212.00 59,018.00
3 Annuity Participating 5,147.00 12,182.00
4 Life Non Participating 13,16,721.00 43,30,546.00
5 Pension Non Participating 1,98,949.00 2,84,504.00
6 Annuity Non Participating 44,132.00 1,16,252.00
7 Variable Non Participating (1,320.00) (1,281.00)
8 Health Non Participating 4,083.00 15,476.00
9 Linked Life Non Participating (9,292.00) (36,150.00)
10 Linked Pension Non Participating (347.00) 4,008.00
11 Linked Health Non Participating (2,647.00) 1,895.00
12 Capital Redemption and Annuity Certain(CRAC) 2,263.00 3,247.00
13 Shareholders 0.00 0.00
14 Unallocated 0.00 0.00



Format for financial results by life insurance companies filed with stock exchanges

Amount in (Lakhs)

Partiuclars Current Quarter
Date of start of reporting period 01-01-2026
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Segment Assets
1 Life Participating 36,23,39,349.00
2 Pension Participating 42,41,794.00
3 Annuity Participating 5,50,447.00
4 Life Non Participating 9,38,63,136.00
5 Pension Non Participating 9,00,20,486.00
6 Annuity Non Participating 1,83,47,242.00
7 Variable Non Participating 1,972.00
8 Health Non Participating 53,444.00
9 Linked Life Non Participating 51,58,284.00
10 Linked Pension Non Participating 9,16,823.00
11 Linked Health Non Participating 1,85,554.00
12 Capital Redemption and Annuity Certain(CRAC) 11,466.00
13 Shareholders 1,52,63,128.00
14 Unallocated 0.00


Format for financial results by life insurance companies filed with stock exchanges

Amount in (Lakhs)

Partiuclars Current Quarter
Date of start of reporting period 01-01-2026
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Segment Liabilities
1 Life Participating 36,14,68,506.00
2 Pension Participating 42,40,224.00
3 Annuity Participating 5,50,438.00
4 Life Non Participating 9,25,46,415.00
5 Pension Non Participating 8,98,21,537.00
6 Annuity Non Participating 1,83,03,110.00
7 Variable Non Participating 3,292.00
8 Health Non Participating 49,361.00
9 Linked Life Non Participating 51,67,607.00
10 Linked Pension Non Participating 9,17,170.00
11 Linked Health Non Participating 1,88,201.00
12 Capital Redemption and Annuity Certain(CRAC) 9,203.00
13 Shareholders 1,76,88,061.00
14 Unallocated 0.00


Cash flow statement, direct

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Classes of cash receipts from operating activities
Receipts from sales of goods and rendering of services 0.00
Receipts from royalties fees, commissions and other revenue 0.00
Receipts from contracts held for dealing or trading purpose 0.00
Receipts from premiums and claims annuities and other policy benefits 5,38,49,676.00
Receipts from rents and subsequent sales of assets held for rental to others and subsequently held for sale 0.00
Other cash receipts from operating activities 88,046.00
Classes of cash payments from operating activities
Payments to suppliers for goods and services 0.00
Payments from contracts held for dealing or trading purpose 0.00
Payments to and on behalf of employees 0.00
Payments for premiums and claims, annuities and other policy benefits 4,97,05,030.00
Payments to manufacture or acquire assets held for rental to others and subsequently held for sale 0.00
Other cash payments from operating activities 58,75,112.00
Net cash flows from (used in) operations (16,42,420.00)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 5,55,865.00
Other inflows (outflows) of cash (4,22,863.00)
Net cash flows from (used in) operating activities (26,21,148.00)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 3,30,04,656.00
Other cash payments to acquire equity or debt instruments of other entities 6,00,51,646.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Proceeds from sales of property, plant and equipment 14,649.00
Purchase of property, plant and equipment 1,11,578.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 1,47,648.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 3,34,20,075.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (26,57,714.00)
Proceeds from government grants 0.00
Net cash flows from (used in) investing activities 34,70,794.00
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries that do not result in loss of control 0.00
Payments from changes in ownership interests in subsidiaries that do not result in loss of control 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 7,62,555.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (7,62,555.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 87,091.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents /th> 1,98,471.00
Net increase (decrease) in cash and cash equivalents 2,85,562.00
Cash and cash equivalents cash flow statement at beginning of period 69,90,648.00
Cash and cash equivalents cash flow statement at end of period 72,76,210.00


Format for financial results by life insurance companies filed with stock exchanges

Amount in (Lakhs)

Partiuclars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Sources of Funds
1 Share capital 6,32,500.00
2 Reserves and surplus 1,71,50,813.00
3 Share application money received pending allotment of shares 0.00
4 Credit (Debit) Fair value change account (95,252.00)
Sub total 1,76,88,061.00
5 Borrowings 0.00
6 Policyholders' funds
Credit (Debit) Fair value change account 5,02,80,186.00
Policy Liabilities 51,15,08,753.00
Insurance Reserve 27,72,886.00
Revaluation reserve - Investment property 21,60,488.00
Linked Liabilities
Provision for Linked Liabilities 60,68,928.00
Change in fairvalue account 0.00
Funds for Discontinued Policies
(i) Discontinued on account of non-payment of premium 1,50,977.00
(ii) Credit (Debit) Fair value change account 0.00
(iii) Others discontinuance 1,340.00
Total Linked Liabilities 62,21,245.00
Sub total 57,29,43,558.00
7 Funds for Future Appropriations 3,21,506.00
Total Sources of Funds 59,09,53,125.00
APPLICATION OF FUNDS
1 Investments shareholders 1,49,83,914.00
2 Investments policyholders 53,68,32,926.00
3 Assets Held to cover link Liabilities 62,18,778.00
4 Loans 1,31,24,933.00
5 Fixed assets 4,75,666.00
6 Deferred Tax Asset 35.00
7 Current assets
Cash and bank balances 72,01,317.00
Advances and other assets 1,60,18,071.00
Sub-total (a) 2,32,19,388.00
8 Current liabilities 39,02,370.00
9 Provisions 145.00
Sub-total (b) 39,02,515.00
10 Net current assets (c) = (a—b) 1,93,16,873.00
11 Miscellaneous expenditure (to the extent not written off or adjusted) 0.00
12 Debit balance in profit & loss account (shareholders account) 0.00
Total 59,09,53,125.00
14 Contigent Liabilities 16,16,815.00


Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 V. SANKAR AIYER & CO. Yes 30-04-2028
2 MUKUND M CHITALE & CO. Yes 30-04-2027