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LIC Emerges as Highest Profit-Making Financial Company in Q4!

05:19 PM, 24 May 2026
LIC Emerges as Highest Profit-Making Financial Company in Q4!

Life Insurance Corporation of India (LIC) has achieved a major milestone by emerging as the highest profit-making company in India’s financial sector for the January-March quarter of the 2025-26 financial year. The public sector insurance giant reported a net profit of ₹23,420 crore, registering a strong 23 percent year-on-year growth compared to ₹19,013 crore recorded during the same period last year. LIC also became the most profitable public sector enterprise in the country during the quarter.

State Bank of India followed with a net profit of ₹19,684 crore, while HDFC Bank reported ₹19,221 crore profit during the same quarter. However, on a full-year basis, SBI and HDFC Bank remained ahead of LIC with annual profits of ₹80,032 crore and ₹74,670 crore respectively, compared to LIC’s ₹57,419 crore. Among other public sector companies, Indian Oil Corporation, Coal India, NTPC and Power Finance Corporation posted strong quarterly earnings. Meanwhile, Vodafone Idea reported the highest profit across the corporate sector with ₹51,970 crore net profit after government relief on AGR dues helped the telecom company return to profitability after six years.

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