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Life Insurance Company LimitedMain BoardEquityNon-Linked Policy And Linked Policy2025-04-012026-03-312026-04-162026-03-31INRLakhsQuarterlyFourth quarter2026-04-1613:30:002026-04-1616:00:00trueCash Flow DirectDeclaration of unmodified opinion2026-01-012026-03-31UnauditedConsolidated4456670000014884420000071225700000264636600000259984200000-648758000001037100000291210000019905760000014879600000213830000010790500000278084000002784830000096787000000011839500000215182000004936650000005837000007770000046990000004699000001127009000003137060000019456930000044883000004766100000-27780000095219000008355700000448830000025779000002494380000047661000003791900000332700000412460000088907000009188000002912100000016280000039937000004897000000-77900000-54000000-23900000497490000004974900000001108126000002157820000015301750000028899000001987115000002502482900000105328900000037544834000003896240000037934458000001.770.18642019750002.312.39220400080015000059904900000000.0001000.00100000.01730.022100.0194-0.0509-0.03290-0.10213440000000.00070189000-1770000.81630.73230.72790.68880.64860.8521000001. Net of reinsurance ceded and accepted including HDFC Re, wholly owned subsidiary <br></br> 2. The persistency ratios are calculated in accordance with the IRDAI circular no. IRDAI/F&A/CIR/MISC/256/09/2021 dated September 30, 2021 and hence are with a lag of one month. <br></br> 3. The persistency ratios for the quarter ended March 31, 2026 have been calculated for the policies issued in the December to February period of the relevant years. E.g.: the 13th month persistency for the current quarter is calculated for the policies issued from December 2024 to February 2025. The persistency ratios for quarter ended March 31, 2025 have been calculated in a similar manner. <br></br> 4. The persistency ratios for the year ended March 31, 2026 have been calculated for the policies issued in the March to February period of the relevant years. For eg: the 13th month persistency for current year is calculated for the policies issued from March 2024 to February 2025.The persistency ratios for year ended March 31, 2025 have been calculated in a similar manner. <br></br> 2025-04-012026-03-31AuditedConsolidated1395934000004331404000002222004000007949342000007776049000002018835000003487400000472800000098770380000053890000000674400000030823200000914572000009156150000039507900000003787430000077382200000168943700000012770000026305000009484000000948400000385995800000425559100000984205200000349860000012011400000-85128000002964550000083557000003498600000667370000048173500000120114000001482660000010237000001585030000027861700000336320000047280000000147200000823840000019623300000500100000524000000-2390000019123200000019123200000001108126000001530175000001.770.21182019750008.878.869220400080015000059904900000000.0001000.00100000.08210.094500.10560.0097-0.03860-0.009313440000000.000708040004990000.84850.77150.72650.70920.64360.855000000Other income1037100000Other income3487400000Other Operating Expenses11839500000Other Operating Expenses37874300000Other income332700000Other income1023700000Segment A - Participating - Individual & Group Life454562000001154970000011600000636200000Segment B - Participating - Individual & Group Pension2284000000508500000150000030900000Segment C - Non Participating - Individual & Group Life987928000002743340000020600000340000000Segment D - Non Participating - Life Group Variable35423000004195000001000000Segment E - Non Participating - Individual & Group Pension18013000005260000004452000001700000Segment F - Non Participating - Individual & Group Pension Variable15710000003225000000100000Segment G - Non Participating - Individual & Group Annuity19576400000674660000025000005400000Segment H - Non Participating - Individual & Group Health930000004800000105300000100000Segment I - Unit Linked - Individual Life65441700000-100280300000193900000015400000Segment J - Unit Linked - Individual Pension3285800000-6241700000385900000700000Segment K - Unit Linked - Group Life16226200000-5572800000300000300000Segment L - Unit Linked - Group Pension635200000-8912000001000000Segment M - Reinsurance12783000002450000006300000Shareholders036291000000332700000Unallocated00001. <br></br> Segments include: <br></br> a. <br></br> Linked Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable <br></br> b. <br></br> Non-Linked: <br></br> 2. Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable <br></br> c. <br></br> Variable insurance shall be further segregated into Life and Pension. <br></br> 2.Net of provisions for diminution in value of investment. <br></br> 3. Includes income tax deposited with tax authorities which is contested by the company and Advance Tax (net of provision for taxation). As per Accounting Standard 17 - Segment Reporting, income tax asset and liabilities cannot be allocated across reporting segments. <br></br> 4. Segment policy liabilities includes fund for future appropriations and excludes Credit / (Debit) Fair Value Change Account on Policyholders' funds.Segment A - Participating - Individual & Group Life14376820000054034200000330000002147000000Segment B - Participating - Individual & Group Pension97071000002063200000510000048200000Segment C - Non Participating - Individual & Group Life294914500000108211400000608000001208700000Segment D - Non Participating - Life Group Variable96347000001664900000200000200000Segment E - Non Participating - Individual & Group Pension5492200000216970000010873000004200000Segment F - Non Participating - Individual & Group Pension Variable68006000001546000000100000200000Segment G - Non Participating - Individual & Group Annuity6148420000025924500000530000024800000Segment H - Non Participating - Individual & Group Health28740000023800000131500000200000Segment I - Unit Linked - Individual Life1863259000004674600000208560000037900000Segment J - Unit Linked - Individual Pension11205100000-3092000001318300000800000Segment K - Unit Linked - Group Life4147650000013693000007000001000000Segment L - Unit Linked - Group Pension3113300000314300000100000100000Segment M - Reinsurance339520000092100000014100000Shareholders01467940000001023700000Unallocated0000Segment A - Participating - Individual & Group Life3113400000Segment B - Participating - Individual & Group Pension-1148900000Segment C - Non Participating - Individual & Group Life2510500000Segment D - Non Participating - Life Group Variable197100000Segment E - Non Participating - Individual & Group Pension-444400000Segment F - Non Participating - Individual & Group Pension Variable6900000Segment G - Non Participating - Individual & Group Annuity608300000Segment H - Non Participating - Individual & Group Health-105200000Segment I - Unit Linked - Individual Life-2622000000Segment J - Unit Linked - Individual Pension-383500000Segment K - Unit Linked - Group Life-190100000Segment L - Unit Linked - Group Pension21200000Segment M - Reinsurance59700000Shareholders3074200000Unallocated01. <br></br> Segments include: <br></br> a. <br></br> Linked Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable <br></br> b. <br></br> Non-Linked: <br></br> 2. Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable <br></br> c.Variable insurance shall be further segregated into Life and Pension. <br></br> 2. Net of provisions for diminution in value of investment. <br></br> 3. Includes income tax deposited with tax authorities which is contested by the company and Advance Tax (net of provision for taxation). As per Accounting Standard 17 - Segment Reporting, income tax asset and liabilities cannot be allocated across reporting segments. <br></br> 4. Segment policy liabilities includes fund for future appropriations and excludes Credit / (Debit) Fair Value Change Account on Policyholders' funds.Segment A - Participating - Individual & Group Life527700000Segment B - Participating - Individual & Group Pension-4177100000Segment C - Non Participating - Individual & Group Life4998100000Segment D - Non Participating - Life Group Variable243100000Segment E - Non Participating - Individual & Group Pension-1085300000Segment F - Non Participating - Individual & Group Pension Variable124200000Segment G - Non Participating - Individual & Group Annuity1468600000Segment H - Non Participating - Individual & Group Health-131300000Segment I - Unit Linked - Individual Life-1960500000Segment J - Unit Linked - Individual Pension-1311600000Segment K - Unit Linked - Group Life41400000Segment L - Unit Linked - Group Pension85000000Segment M - Reinsurance87200000Shareholders11701000000Unallocated0Segment A - Participating - Individual & Group Life776088100000Segment B - Participating - Individual & Group Pension27917400000Segment C - Non Participating - Individual & Group Life1261754200000Segment D - Non Participating - Life Group Variable20665600000Segment E - Non Participating - Individual & Group Pension27610100000Segment F - Non Participating - Individual & Group Pension Variable18898800000Segment G - Non Participating - Individual & Group Annuity384620300000Segment H - Non Participating - Individual & Group Health378000000Segment I - Unit Linked - Individual Life826682500000Segment J - Unit Linked - Individual Pension53530000000Segment K - Unit Linked - Group Life150970900000Segment L - Unit Linked - Group Pension22598600000Segment M - Reinsurance3139800000Shareholders209215400000Unallocated93757000001. <br></br> Segments include: <br></br> a. <br></br> Linked Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable <br></br> b. <br></br> Non-Linked: <br></br> 2. Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable <br></br> c.Variable insurance shall be further segregated into Life and Pension. <br></br> 2. Net of provisions for diminution in value of investment. <br></br> 3. Includes income tax deposited with tax authorities which is contested by the company and Advance Tax (net of provision for taxation). As per Accounting Standard 17 - Segment Reporting, income tax asset and liabilities cannot be allocated across reporting segments. <br></br> 4. Segment policy liabilities includes fund for future appropriations and excludes Credit / (Debit) Fair Value Change Account on Policyholders' funds.Segment A - Participating - Individual & Group Life755356200000Segment B - Participating - Individual & Group Pension26089700000Segment C - Non Participating - Individual & Group Life1263756600000Segment D - Non Participating - Life Group Variable20903300000Segment E - Non Participating - Individual & Group Pension25780800000Segment F - Non Participating - Individual & Group Pension Variable18804000000Segment G - Non Participating - Individual & Group Annuity382953700000Segment H - Non Participating - Individual & Group Health422500000Segment I - Unit Linked - Individual Life831104700000Segment J - Unit Linked - Individual Pension53530000000Segment K - Unit Linked - Group Life151157800000Segment L - Unit Linked - Group Pension22598600000Segment M - Reinsurance2893300000Shareholders208485200000Unallocated01. <br></br> Segments include: <br></br> a. <br></br> Linked Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable <br></br> b. <br></br> Non-Linked: <br></br> 2. Participating Policies: (i) Life (ii) General Annuity and Pension (iii) Health (iv) Variable <br></br> c.Variable insurance shall be further segregated into Life and Pension. <br></br> 2. Net of provisions for diminution in value of investment. <br></br> 3. Includes income tax deposited with tax authorities which is contested by the company and Advance Tax (net of provision for taxation). As per Accounting Standard 17 - Segment Reporting, income tax asset and liabilities cannot be allocated across reporting segments. <br></br> 4. Segment policy liabilities includes fund for future appropriations and excludes Credit / (Debit) Fair Value Change Account on Policyholders' funds.215782000009800000153017500000288990000017749540000030990000000296092000002497998600000008550882000001497800000004831180000001090000001053289000000358089680000040636000003793445800000198711500000250248290000010532890000002827450000074622000002390000019902300000948785000001147808000001094290000002150000000111579000000320180000000379344580000018735200000000815308800000043493000000029770000040528860000001475231000002665487000000001954100000-3834400000022625060000000-25659200000000322000002870900000949715200000129518580000000000000451450000000001397757000000-39000000-2387112000000025813000000000074900000006000000000006827500000-98000000-2746400000-15207000000221200000-1498580000011089280000095907000000AuditedtrueM/s GM Kapadia &Co.true2027-04-30M/s BSR & Co. LLPtrue2028-07-31