LIC profit surges 19% YoY to Rs 57,419 cr in FY26, recommends Rs 10 dividend
Mumbai, May 22 -- Life Insurance Corporation of India reported a 19.25 per cent rise in Profit After Tax (PAT) to Rs 57,419 crore for the financial year ended March 31, 2026, compared to Rs 48,151 crore in the previous financial year.
The company's Board of Directors also recommended a final dividend of Rs 10 per equity share of Rs 10 each for FY26, equivalent to Rs 20 per equity share.
It means that LIC has recommended a final dividend of Rs 10 per share for shareholders for FY26. The company also recently announced a 1:1 bonus issue, which means shareholders will get one extra share for every one share they hold. So, the Rs 10 dividend after the bonus issue is equivalent to Rs 20 per share on the old shareholding basis before the bonu...
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