LIC shares climb over 4% as Q4 profit rises 23% to ₹23,420 crore; check record date for dividend and bonus issue

The stock was trading 4.35% higher at ₹835 apiece on the National Stock Exchange (NSE) at 9:21 am. Its market capitalisation stood at ₹5,26,239.81 crore.

LIC Q4 results

India's biggest insurer had earned a post-tax profit of ₹19,012.79 crore a year back.

The total income advanced 13.81% to ₹2,53,591.83 crore in Q4 FY26 from ₹2,22,805.49 crore in the year-ago period, LIC said in a regulatory filing.

The insurer's income from first-year premiums grew to ₹12,970 crore in the quarter under review against ₹11,069 crore in Q4 FY25.

Income from renewal premiums climbed to ₹81,933 crore vs ₹79,138 crore a year ago.

The net premium income (NII) stood at ₹1,64,691.21 crore in the reporting quarter as against ₹1,47,585.56 crore in the March quarter of fiscal year 2025.

Commenting on earnings, R Doraiswamy, CEO & MD of LIC, said that FY26 has been a satisfying year for the company with strong overall growth across every business vertical.

"We have achieved a non-par share on APE basis in our individual business of more than 35% and our VNB margin is more than 21% for the year. Our strategy of channel diversification has been successful with our Banca and Alternate Channels (BAC) having recorded a growth rate of more than 45% with premium from BAC exceeding ₹5,000 crore in FY26. Finally, it gives me pleasure to mention that our VNB growth has been in excess of 41%," he added.

LIC announces dividend; check record date

The company's board of directors recommended a final dividend of ₹10 per share of ₹10 each for the financial year 2025-26, subject to shareholders' approval at the upcoming Annual General Meeting (AGM). The record date has been set as June 25.

For the purpose of ascertaining the eligibility for bonus shares in a 1:1 ratio (one new fully paid-up share of ₹10 for every one existing share of ₹10), the record date is May 29.