LIC Becomes Highest Profit-Making Indian Financial Company During Q4FY26

Life Insurance Corporation of India (LIC) has emerged as the top profit-making company in the Indian financial sector for the March quarter of FY26, recording a profit of ₹23,420 crore.  

This substantial financial performance outlines the continued dominance of LIC in the sector. 

LIC's Outstanding March Quarter Performance 

LIC reported a 23% increase in net profit for the March quarter, reaching ₹23,420 crore compared to ₹19,013 crore in the same period last year.  

This makes LIC the leading profit earner amongst Central Public Sector Enterprises for the fourth quarter of FY26.  

Additionally, LIC's assets under management rose to ₹57,29,396 crore by March 31, 2026, marking a 5% increase year-on-year. 

Comparative Profits of the Giants 

Following LIC, State Bank of India (SBI) achieved a profit of ₹19,684 crore in the 4th quarter, while HDFC Bank reported ₹19,221 crore.  

On an annual scale, however, SBI surpassed LIC with an impressive ₹80,032 crore profit compared to LIC’s ₹57,419 crore for FY26. 

Other significant players include ICICI Bank with ₹50,147 crore annual profit, while the public sector companies Indian Oil Corporation, Coal India, Power Finance Corporation, and NTPC reported healthy profits in the 4th quarter. 

Read More: LIC Anticipates Slower Growth Amid Geopolitical Tensions and Declining Savings Levels! 

LIC Share Price Performance  

As of May 25, 2026, at 11:21 AM, LIC share price on NSE was trading at ₹834.00 up by 2.59% from the previous closing price. 

Conclusion 

LIC's performance in the March quarter highlights its leading position within the Indian financial sector. It surpassed major banks like SBI and HDFC Bank in quarterly profits, although SBI outperformed in annual earnings. The achievement underscores LIC's resilience and robust business operations throughout the fiscal year. 

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