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Life Insurance Corporation of India consolidated sales down 22.68% on year in Q2FY2026, net profit tumbled by 42.11%
14-Aug-2026, 07:35
Life Insurance Corporation of India share price slipped 1.15% to Rs 411.2 after the company's net profit witnessed a sharp fall of 42.11% to Rs 13584.25 crore, while revenue from operations nosedived 22.68% to Rs 127623.16 crore in Q2FY26 over Q1FY26. The market capitalization of Life Insurance industry group stocks on BSE stood at Rs 9.7 lakh crore, crashing by 16.46%. It has inched up 2.06% over last one week and edged lower by 1.08% in last one month while the market capitalization of Life Insurance Corporation of India has improved by 4.68% and 2.93% in the same period respectively. Profit before tax (PBT) of Life Insurance Corporation of India stood at Rs 15312.43 crore in Q2 FY26, jumping 36.07% year-on-year, and rising 6.42% quarter-on-quarter. EBITDA came in at Rs 12711 crore, surging by 15.10% YoY and expanding by 57.77% sequentially. Total expenses fell by 14.95% to Rs 225841.43 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 6048.3 crore, tanking by 31.97% YoY. For the TTM ended FY26, revenue from operations grew marginally by 9.77% to Rs 5.38 lakh crore, while net profit expanded by 18.90% to Rs 57453.15 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 4913156% to Rs 41852.38 crore, and PBT slipped by 4.96% to Rs 53475.48 crore compared to previous TTM. Life Insurance Corporation of India retreated by 7% in last one year, significantly underperforming the benchmark BSE Sensex which has slipped by 3.05% during the same period.