Life Insurance Corporation of India share price slipped 1.91% to Rs 401.0 after the company's net profit tumbled by 42.11% to Rs 13584.25 crore, while revenue from operations plunged by 22.68% to Rs 127623.16 crore in Q2FY26 over Q1FY26.

The market capitalization of Life Insurance industry group stocks on BSE stood at Rs 9.94 lakh crore, crashing by 16.46%. It has softened by 2.01% over last one week and edged lower by 6.75% in last one month while the market capitalization of Life Insurance Corporation of India has slipped by 0.50% and 7.73% in the same period respectively.

Profit before tax (PBT) of Life Insurance Corporation of India stood at Rs 15312.43 crore in Q2 FY26, surging by 36.07% year-on-year, and rising 6.42% quarter-on-quarter. EBITDA came in at Rs 12711 crore, rallying 15.10% YoY and expanding by 57.77% sequentially.

Total expenses reduced by 14.95% to Rs 225841.43 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 6048.3 crore, tanking by 31.97% YoY.

For the TTM ended FY26, revenue from operations tick up 9.77% to Rs 5.38 lakh crore, while net profit expanded by 18.90% to Rs 57453.15 crore, compared to previous TTM. EBITDA surged by 4913156% to Rs 41852.38 crore, and PBT dipped slightly 4.96% to Rs 53475.48 crore compared to previous TTM.

Life Insurance Corporation of India nosedived by 10.37% in last one year, performing in line with the benchmark BSE Sensex which has slipped by 9.45% during the same period.