Life Insurance Corporation of India (NSE:LICI)

Revenue by Segment

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019
Life Participating	5.56T	5.23T	5.14T	4.72T	4.70T
Life Participating Growth	6.19%	1.85%	8.84%	0.36%	1.59%
Pension Participating	36.34B	34.16B	34.57B	34.38B	28.85B
Pension Participating Growth	6.39%	-1.19%	0.56%	19.18%	1.89%
Annuity Participating	3.70B	3.60B	3.58B	3.39B	1.17B
Annuity Participating Growth	2.81%	0.39%	5.67%	189.73%	-22.55%
Life Non Participating	1.90T	1.43T	1.30T	997.81B	701.18B
Life Non Participating Growth	32.52%	9.65%	30.78%	42.30%	13.02%
Pension Non Participating	1.74T	1.68T	1.65T	1.78T	1.49T
Pension Non Participating Growth	3.69%	2.05%	-7.72%	19.49%	10.27%
Annuity Non Participating	284.73B	272.56B	252.56B	239.90B	201.69B
Annuity Non Participating Growth	4.47%	7.92%	5.28%	18.95%	-24.22%
Variable Non Participating	231.00M	148.00M	144.50M	195.10M	395.53M
Variable Non Participating Growth	56.08%	2.42%	-25.94%	-50.67%	-50.87%
Health Non Participating	2.36B	2.68B	2.96B	3.12B	3.32B
Health Non Participating Growth	-11.83%	-9.38%	-5.19%	-6.02%	4.22%
Linked Life Non Participating	209.12B	162.75B	98.05B	-	-
Linked Life Non Participating Growth	28.49%	65.98%	-	-	-
Linked Pension Non Participating	20.99B	24.53B	27.49B	-	-
Linked Pension Non Participating Growth	-14.44%	-10.79%	-	-	-
Linked Health Non Participating	690.30M	2.18B	3.64B	-	-
Linked Health Non Participating Growth	-68.29%	-40.13%	-	-	-
Capital Redemption and Annuity Certain Business (CRAC)	162.10M	171.10M	175.80M	190.30M	192.53M
Capital Redemption and Annuity Certain Business (CRAC) Growth	-5.26%	-2.67%	-7.62%	-1.16%	1.86%
Shareholders	87.62B	-	-	-	-
Linked Business - Non Participating	-	-	-	57.76B	80.76B
Linked Business - Non Participating Growth	-	-	-	-28.48%	-39.11%
Total	9.84T	8.85T	8.51T	7.84T	7.21T
Total Growth	11.24%	3.92%	8.56%	8.69%	2.52%

Revenue by Geography

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019
India	9.82T	8.91T	8.55T	7.85T	7.28T
India Growth	10.19%	4.18%	8.87%	7.91%	4.30%
Total	9.82T	8.91T	8.55T	7.85T	7.28T
Total Growth	10.19%	4.18%	8.87%	7.91%	4.30%

Source: S&P Global Market Intelligence.