LIC shines in March quarter, leaves behind SBI and HDFC Bank in profits

The leading public sector insurance company Life Insurance Corporation of India has performed brilliantly in the fourth quarter of the financial year 2025-26. The company has emerged as the most profitable company in the financial sector of the country in the March quarter. During this period, LIC’s net profit increased by 23 percent to Rs 23,420 crore. The company’s profit in the same quarter last year was Rs 19,013 crore.

Left behind SBI and HDFC Bank

According to the data available in the stock market, the net profit of State Bank of India in the fourth quarter was Rs 19,684 crore and the profit of HDFC Bank was Rs 19,221 crore. In this way LIC became the most profitable financial company on a quarterly basis.

However, SBI left LIC behind in annual profit for the entire financial year 2025-26. SBI’s annual profit stood at Rs 80,032 crore, while LIC’s total profit was recorded at Rs 57,419 crore. Whereas the annual profit of ICICI Bank was Rs 50,147 crore.

Strong performance of public sector companies also

Among other government companies, Indian Oil Corporation earned a profit of Rs 11,378 crore in the March quarter. Apart from this, the profit of Coal India was Rs 10,839 crore. Whereas NTPC Limited registered a net profit of Rs 8,747 crore and Power Finance Corporation registered a net profit of Rs 8,598 crore. Power Grid Corporation of India and Steel Authority of India Limited also presented strong results.

Shares rise, company’s assets increase

After the excellent results of LIC, on May 23, the company’s shares rose by almost five percent to Rs 839 in BSE. The company’s total assets under management (AUM) increased to Rs 57.29 lakh crore by March 31, 2026, from Rs 54.52 lakh crore a year ago. At the same time, an increase of 10 percent was recorded in the total premium income of the company.

VI was the most profitable company

Talking about the entire corporate sector, Vodafone Idea achieved the position of the highest quarterly profit earning company with a record profit of Rs 51,970 crore in the January-March quarter. The major reason behind this was the relief in statutory liabilities. This was followed by Reliance Industries, whose quarterly profit was recorded at Rs 16,971 crore.