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-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-May-2025
Description of presentation currency INR (in Actuals)
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 27-May-2025   12:35:00
End date and time of board meeting 27-May-2025   17:28:00
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
Partiuclars Current Quarter Year to Date Figures
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts 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 111029700000 371989800000
(b) Renewal Premium 794249600000 2632894400000
(c) Single Premium 576941100000 1900008400000
Gross premium income 1482220400000 4904892600000
(ii) Net premium income 1479171900000 4897753900000
(iii) Income from investments (Net) 934427600000 3941694300000
(iv) Other income
1 Other income 2260000000 6805000000
2 Share of profit of assoicates 14402600000 48472200000
3 Minority interest -178900000 -411300000
Total other income 16483700000 54865900000
(v) Transfer Of Funds From Shareholders Account 6843700000 27141600000
(vi) Total Income 2436926900000 8921455700000
2 Expenses
(i) Commission on
(a) First Year Premium 28042000000 100335700000
(b) Renewal Premium 46651100000 146227800000
(c) Single Premium 2666400000 7640800000
Total Commission 77359500000 254204300000
(ii) Net Commission 77354700000 254193700000
(iii) Operating Expenses related to insurance business
(a) Employees remuneration and welfare expenses 59426400000 269466800000
(b) Administration expenses 20036600000 60128400000
(c) Advertisement and publicity 2177100000 5545000000
(b) Other operating expenses
1 Rent Rates & Taxes 2327800000 8168400000
2 Repairs 834600000 1991100000
3 Auditors' fees 60000000 180900000
4 Interest & Bank Charges 545600000 1426500000
5 Expenses on Investment Property 414100000 1551800000
6 Electricity Charges 477600000 2217500000
7 Depreciation 1607000000 5064700000
Total other operating expenses 6266700000 20600900000
Total operating expenses related to insurance business 87906800000 355741100000
Total Expenses of Management 165261500000 609934800000
(iv) Provisions for doubtful debts (including bad debts written off) -10140600000 -15447400000
(v) Provisions for diminution in value of investments -4145900000 -6374700000
(vi) Goods & Service tax charge on linked charges 858800000 2233400000
(vii) Provision for taxes
Current Tax 34220000000 79163700000
Deffered Tax 0 0
Total provision of taxes 34220000000 79163700000
(viii) Benefits Paid (Net) 1427649300000 4205837800000
(ix) Change in actuarial liability 620518600000 3517404000000
Total Expenses 2234221700000 8392751600000
3 Net Surplus(Deficit) 202705200000 528704100000



4 Appropriations
(a) Transferred to Shareholders A/c 184141400000 474216500000
(b) Funds for Future Appropriation 18563800000 54487600000
5 Details of Surplus / Deficit
(a) Interim bonus paid 5465200000 30758000000
(b) Allocation of bonus to policyholders 562359300000 563311000000
(c) Surplus shown in the Revenue Account 202705200000 528704100000
(d) Terminal bonus paid 0 0
Total Surplus (Deficit ) 770529700000 1122773100000



SHAREHOLDERS ' Account
1 Income
(i) Transfer from Poliycholders' Account 184141400000 474216500000
(ii) Income under Shareholders' Account
(a) Investment Income 17745400000 60252000000
(b) Other income
1 Other income 434700000 1725500000
Total Other income 434700000 1725500000
Total income under shareholders account 18180100000 61977500000
Total Income 202321500000 536194000000
2 Expenses
(i) Expenses other than those related to insurance business 521300000 7434300000
(ii) Transfer of funds to policyholders account 11408100000 45398600000
(iii) Provisions for doubtful debts (including write off) 13400000 13400000
(iv) Provisions for diminution in value of investments -78700000 -158400000
Total Expenses 11864100000 52687900000
3 Profit/ (loss) before tax 190457400000 483506100000
4 Provisions for tax 70700000 302800000
(i) Current tax 70700000 302800000
(ii) Deffered tax 0 0
5 Profit / (loss) after tax and before Extraordinary Items 190386700000 483203300000
6 Extraordinary Items (Net of tax expenses) 0 0
7 Profit/ (loss) after tax and Extraordinary Items 190386700000 483203300000
8 Dividend per share
(a) Interim Dividend 0 0
(b) Final Dividend 0 0
9 Profit/(Loss) carried to Balance Sheet 1202165100000 1202165100000
10 Paid up equity share capital 63250000000 63250000000
11 Reserve & Surplus (excluding Revaluation Reserve) 1211939300000 1211939300000
12 Fair Value Change Account and Revaluation Reserve (Shareholders) -2925400000 -2925400000
13 Assets
(i) Investments:
(a) Shareholders 1028696600000 1028696600000
(b) Policyholders Fund excluding Linked Assets 51642982600000 51642982600000
(c) Assets held to cover Linked Liabilities 484347500000 484347500000
Total Investments 53156026700000 53156026700000
(b) Other Assets (Net of current liabilities and provisions) 2959865800000 2959865800000
Total Assets 56115892500000 56115892500000
14 Analytical Ratios
(i) Solvency Ratio 0.0211 0.0211
(ii) Expenses of Management Ratio 0.1115 0.1244
(iii) Policyholder 's liabilities to shareholders' fund 430100000 430100000
(iv) Earnings per share (Rs.):
(a) Basic and diluted EPS before extraordinary items (net of tax expense) for the period (not to be annualized) 30.1 76.4
(b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not to be annualized) 30.1 76.4
(v) NPA ratios: (for policyholders' fund)
(a) Gross NPAs
Non Linked
Par 83286700000 83286700000
Non Par 0 0
Linked
Par 0 0
Non Par 1142200000 1142200000
Net NPAs
Non Linked
Par 54700000 54700000
Non Par 0 0
Linked
Par 0 0
Non Par 0 0
% of Gross NPAs
Non Linked
Par 0.0176 0.0176
Non Par 0 0
Linked
Par 0 0
Non Par 0.3017 0.3017
% 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 0.0705 0.0815
Non Par 0.0968 0.0965
Linked
Par 0 0
Non Par 0.0671 0.0917
(b) With unrealised gains
Non Linked
Par 0.0389 0.0751
Non Par 0.0073 0.0788
Linked
Par 0 0
Non Par 0.06 0.0881
(vii) NPA ratios: (for shareholders' fund)
(a) Gross NPAs 565000000 565000000
Net NPAs 0 0
(b) Percentage of Gross NPAs 0.0138 0.0138
Percentage of Net NPAs 0 0
(viii) Yield on Investments (on shareholders' fund)
(a) Without unrealised gains 69100000 69300000
(b) With unrealised gains 63100000 68100000
(ix) Persistency Ratio
1 13th Month 0.6862 0.7484
2 25th Month 0.6537 0.7099
3 37th Month 0.5959 0.6611
4 49th Month 0.5612 0.6151
5 61st Month 0.5854 0.6312
(ix) Other Rations
(x) Conservation Ratio 0.868 0.8971
(xi) Percentage of shares held by Government of India (in case of public sector insurance companies) 0.965 0.965


Investor Compliants
(i) No of investor complaints pending at the beginning of the period 0 24
(ii) No of investor complaints during the period 130 1671
(iii) No of investor complaints disposed off during the period 129 1694
(iv) No of investor complaints remaining unresolved at the end of the period 1 24



(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

Partiuclars Current Quarter Year to Date Figures
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts 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 834879600000 2794587800000
(ii) Income form investments 547514900000 2436041500000
(iii) Transfer of funds from shareholders' account 6118500000 24155000000
(iv) Other income 1115600000 2542900000
2 Name of segment Pension Participating
(i) Net premium 1309200000 3606600000
(ii) Income form investments 7824500000 30554800000
(iii) Transfer of funds from shareholders' account 48000000 192200000
(iv) Other income 0 0
3 Name of segment Annuity Participating
(i) Net premium 5600000 18600000
(ii) Income form investments 911800000 3580100000
(iii) Transfer of funds from shareholders' account 0 0
(iv) Other income 0 0
4 Name of segment Life Non Participating
(i) Net premium 234239500000 714950900000
(ii) Income form investments 203579400000 713022700000
(iii) Transfer of funds from shareholders' account 0 0
(iv) Other income 797300000 2880700000
5 Name of segment Pension Non Participating
(i) Net premium 298929500000 1065888400000
(ii) Income form investments 141540200000 612112600000
(iii) Transfer of funds from shareholders' account 0 0
(iv) Other income 350300000 1392100000
6 Name of segment Annuity Non Participating
(i) Net premium 51102800000 157976700000
(ii) Income form investments 28913800000 114582200000
(iii) Transfer of funds from shareholders' account 0 0
(iv) Other income 0 0
7 Name of segment Variable Non Participating
(i) Net premium 36700000 59000000
(ii) Income form investments 23200000 90500000
(iii) Transfer of funds from shareholders' account 0 0
(iv) Other income -600000 -1500000
8 Name of segment Health Non Participating
(i) Net premium 729500000 1955400000
(ii) Income form investments 240900000 724000000
(iii) Transfer of funds from shareholders' account 0 1002600000
(iv) Other income 200000 200000
9 Name of segment Linked Life Non Participating
(i) Net premium 51516700000 140998900000
(ii) Income form investments 4479900000 21756500000
(iii) Transfer of funds from shareholders' account 677200000 720700000
(iv) Other income -2800000 -9400000
10 Name of segment Linked Pension Non Participating
(i) Net premium 6198300000 17176300000
(ii) Income form investments 1212800000 7350200000
(iii) Transfer of funds from shareholders' account 0 988700000
(iv) Other income 0 0
11 Name of segment Linked Health Non Participating
(i) Net premium 224300000 526200000
(ii) Income form investments 151200000 1650800000
(iii) Transfer of funds from shareholders' account 0 82400000
(iv) Other income 0 0
12 Name of segment Capital Redemption Annuity certain Non Participating
(i) Net premium 200000 9100000
(ii) Income form investments 41200000 162000000
(iii) Transfer of funds from shareholders' account 0 0
(iv) Other income 0 0
13 Name of segment Shareholders
(i) Net premium 0 0
(ii) Income form investments 17745400000 60398300000
(iii) Transfer of funds from shareholders' account 0 0
(iv) Other income 434700000 1725500000
14 Name of segment Unallocated
(i) Net premium 0 0
(ii) Income form investments 0 0
(iii) Transfer of funds from shareholders' account 0 0
(iv) Other income 0 0



Format for financial results by life insurance companies filed with stock exchanges
Partiuclars Current Quarter Year to Date Figures
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts 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 77083600000 112743800000
2 Pension Participating 3353700000 3684000000
3 Annuity Participating 698100000 1550400000
4 Life Non Participating 108486800000 372134500000
5 Pension Non Participating 10901700000 25445200000
6 Annuity Non Participating 1188700000 7002300000
7 Variable Non Participating 13300000 22900000
8 Health Non Participating 531700000 3039100000
9 Linked Life Non Participating -677200000 -720700000
10 Linked Pension Non Participating 102900000 2199700000
11 Linked Health Non Participating 95200000 478900000
12 Capital Redemption Annuity certain Non Participating 249500000 403300000
13 Shareholders 0 0
14 Unallocated 0 0



Format for financial results by life insurance companies filed with stock exchanges
Partiuclars Current Quarter
Date of start of reporting period 01-Jan-2025
Date of end of reporting period 31-Mar-2025
Whether accounts are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Segment Assets
1 Life Participating 34532865700000
2 Pension Participating 415730300000
3 Annuity Participating 54619400000
4 Life Non Participating 9331321200000
5 Pension Non Participating 8523577100000
6 Annuity Non Participating 1682861200000
7 Variable Non Participating 1062700000
8 Health Non Participating 5699000000
9 Linked Life Non Participating 376033200000
10 Linked Pension Non Participating 91494700000
11 Linked Health Non Participating 20082100000
12 Capital Redemption Annuity certain Non Participating 1566800000
13 Shareholders 1078979100000
14 Unallocated 0


Format for financial results by life insurance companies filed with stock exchanges
Partiuclars Current Quarter
Date of start of reporting period 01-Jan-2025
Date of end of reporting period 31-Mar-2025
Whether accounts are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Segment Liabilities
1 Life Participating 34457780800000
2 Pension Participating 415562700000
3 Annuity Participating 54618400000
4 Life Non Participating 9222834200000
5 Pension Non Participating 8512675400000
6 Annuity Non Participating 1681672500000
7 Variable Non Participating 1049400000
8 Health Non Participating 5167300000
9 Linked Life Non Participating 376799400000
10 Linked Pension Non Participating 91391600000
11 Linked Health Non Participating 19986900000
12 Capital Redemption Annuity certain Non Participating 1317300000
13 Shareholders 1275036600000
14 Unallocated 0


Cash flow statement, direct
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
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
Receipts from royalties fees, commissions and other revenue 0
Receipts from contracts held for dealing or trading purpose 0
Receipts from premiums and claims annuities and other policy benefits 4915465400000
Receipts from rents and subsequent sales of assets held for rental to others and subsequently held for sale 0
Other cash receipts from operating activities 8418900000
Classes of cash payments from operating activities
Payments to suppliers for goods and services 0
Payments from contracts held for dealing or trading purpose 0
Payments to and on behalf of employees 0
Payments for premiums and claims, annuities and other policy benefits 4254637200000
Payments to manufacture or acquire assets held for rental to others and subsequently held for sale 0
Other cash payments from operating activities 764650200000
Net cash flows from (used in) operations -95403100000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -3955400000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -91447700000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 3077921500000
Other cash payments to acquire equity or debt instruments of other entities 5760896900000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Proceeds from sales of property, plant and equipment 619400000
Purchase of property, plant and equipment 7767300000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 56720000000
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 3151077600000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Proceeds from government grants 0
Net cash flows from (used in) investing activities 404234300000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries that do not result in loss of control 0
Payments from changes in ownership interests in subsidiaries that do not result in loss of control 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 37942800000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -37942800000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 274843800000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents /th> 4082700000
Net increase (decrease) in cash and cash equivalents 278926500000
Cash and cash equivalents cash flow statement at beginning of period 420138300000
Cash and cash equivalents cash flow statement at end of period 699064800000


Format for financial results by life insurance companies filed with stock exchanges
Partiuclars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether accounts are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Sources of Funds
1 Share capital 63250000000
2 Reserves and surplus 1214731700000
3 Share application money received pending allotment of shares 0
4 Credit (Debit) Fair value change account -2945100000
Sub total 1275036600000
5 Borrowings 0
6 Policyholders' funds
Credit (Debit) Fair value change account 6475537000000
Policy Liabilities 47502400600000
Insurance Reserve 211519600000
Revaluation reserve - Investment property 148419200000
Linked Liabilities
Provision for Linked Liabilities 476647500000
Change in fairvalue account 0
Funds for Discontinued Policies
(i) Discontinued on account of non-payment of premium 7908100000
(ii) Credit (Debit) Fair value change account 0
(iii) Others discontinuance 139800000
Total Linked Liabilities 484695400000
Sub total 54822571800000
7 Funds for Future Appropriations 18284100000
Total Sources of Funds 56115892500000
APPLICATION OF FUNDS
1 Investments shareholders 1028696600000
2 Investments policyholders 51642982600000
3 Assets Held to cover link Liabilities 484347500000
4 Loans 1289614900000
5 Fixed assets 44831800000
6 Deferred Tax Asset 2700000
7 Current assets
Cash and bank balances 698846600000
Advances and other assets 1416361900000
Sub-total (a) 2115208500000
8 Current liabilities 340331300000
9 Provisions 149460800000
Sub-total (b) 489792100000
10 Net current assets (c) = (a—b) 1625416400000
11 Miscellaneous expenditure (to the extent not written off or adjusted) 0
12 Debit balance in profit & loss account (shareholders� account) 0
Total 56115892500000
14 Contigent Liabilities 261514700000


Details of Impact of Audit Qualification
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 AIYAR & CO. Yes 30-Apr-2028
2 Chokshi & Chokshi LLP Yes 31-Mar-2028