Results - Announcements
Life Insurance Corporation of India share price slipped 0.34% to Rs 408.1 after the company's net profit tanked by 23.02% to Rs 10456.63 crore, while revenue from operations increased 15.52% to Rs 147433.15 crore in Q3FY26 over Q2FY26.
The market capitalization of Life Insurance industry group stocks on BSE stood at Rs 9.4 lakh crore, expanding by 16.91%. It has improved by 5.46% over last one week and eased lower by 1.47% in last one month while the market capitalization of Life Insurance Corporation of India has inched up 6.28% and 3.90% in the same period respectively.
Profit before tax (PBT) of Life Insurance Corporation of India stood at Rs 11679.44 crore in Q3 FY26, heading higher 10.85% year-on-year, and tanking 23.73% quarter-on-quarter. EBITDA came in at Rs 11746 crore, rallying 23.19% YoY and declining 7.59% sequentially.
Total expenses went up by 12.03% to Rs 253034.67 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 5847.42 crore, softening 3.32% YoY.
For the TTM ended FY26, revenue from operations grew marginally by 9.77% to Rs 5.38 lakh crore, while net profit rose by 18.90% to Rs 57453.15 crore, compared to previous TTM. EBITDA surged by 4913156% to Rs 41852.38 crore, and PBT saw a marginal contraction of 4.96% to Rs 53475.48 crore compared to previous TTM.
Life Insurance Corporation of India nosedived by 8.85% in last one year, significantly underperforming the benchmark BSE Sensex which has softened by 4.80% during the same period.