Life Insurance Corporation of India (NSE:LICI)

Revenue by Segment

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019
Life Participating	5.23T	5.14T	4.72T	4.70T	4.63T
Life Participating Growth	1.85%	8.84%	0.36%	1.59%	14.34%
Pension Participating	34.16B	34.57B	34.38B	28.85B	28.31B
Pension Participating Growth	-1.19%	0.56%	19.18%	1.89%	0.11%
Annuity Participating	3.60B	3.58B	3.39B	1.17B	1.51B
Annuity Participating Growth	0.39%	5.67%	189.73%	-22.55%	28.67%
Life Non Participating	1.43T	1.30T	997.81B	701.18B	620.42B
Life Non Participating Growth	9.65%	30.78%	42.30%	13.02%	16.27%
Pension Non Participating	1.68T	1.65T	1.78T	1.49T	1.35T
Pension Non Participating Growth	2.05%	-7.72%	19.49%	10.27%	0.52%
Annuity Non Participating	272.56B	252.56B	239.90B	201.69B	266.13B
Annuity Non Participating Growth	7.92%	5.28%	18.95%	-24.22%	29.88%
Variable Non Participating	148.00M	144.50M	195.10M	395.53M	805.14M
Variable Non Participating Growth	2.42%	-25.94%	-50.67%	-50.87%	-3.21%
Health Non Participating	2.68B	2.96B	3.12B	3.32B	3.18B
Health Non Participating Growth	-9.38%	-5.19%	-6.02%	4.22%	7.46%
Linked Life Non Participating	162.75B	98.05B	-	-	-
Linked Life Non Participating Growth	65.98%	-	-	-	-
Linked Pension Non Participating	24.53B	27.49B	-	-	-
Linked Pension Non Participating Growth	-10.79%	-	-	-	-
Linked Health Non Participating	2.18B	3.64B	-	-	-
Linked Health Non Participating Growth	-40.13%	-	-	-	-
Capital Redemption and Annuity Certain Business (CRAC)	171.10M	175.80M	190.30M	192.53M	189.00M
Capital Redemption and Annuity Certain Business (CRAC) Growth	-2.67%	-7.62%	-1.16%	1.86%	-
Linked Business - Non Participating	-	-	57.76B	80.76B	132.62B
Linked Business - Non Participating Growth	-	-	-28.48%	-39.11%	-
Total	8.85T	8.51T	7.84T	7.21T	7.04T
Total Growth	3.92%	8.56%	8.69%	2.52%	9.00%

Revenue by Geography

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019
India	8.91T	8.55T	7.85T	7.28T	6.98T
India Growth	4.18%	8.87%	7.91%	4.30%	8.62%
Total	8.91T	8.55T	7.85T	7.28T	6.98T
Total Growth	4.18%	8.87%	7.91%	4.30%	8.62%

Source: S&P Global Market Intelligence.