LILife Insurance Corporation of India543526Quarterly results

Board approves Q2/H1 FY27 results; Naga Nalini Kalluri appointed Chief Compliance Officer & KMP

Board approved unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026.

By ScoutQuest · Thu 5 Nov 2026, 5:50 PM IST · 2 min read

Standalone Net Premium Income (Q2)

Rs.147,018.18 crore for the quarter

Standalone Profit After Tax (Q2)

Rs.12,076.02 crore for the quarter

Basic and Diluted EPS (Q2)

Rs.9.55 for the quarter

What the board approved

• Unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
• Smt Naga Nalini Kalluri appointed Chief Compliance Officer & Key Managerial Personnel with effect from November 06, 2026, up to the date of superannuation or till further order, whichever is earlier, on the recommendation of the Nomination & Remuneration Committee.
• Shri Jayasimhan Madabhushi Matam Tirumala, Executive Director (Board & Secretarial/Regulatory Compliance) & Chief Compliance Officer, ceased as Chief Compliance Officer consequent to that appointment, with effect from November 06, 2026.

Who is the new compliance officer

Smt Naga Nalini Kalluri joined the Corporation in 1991 as Assistant and, after becoming a Fellow of the Insurance Institute of India, was elevated to the cadre of Assistant Administrative Officer in 1997 under the fast track category. She holds a Bachelor's degree in Maths, Physics and Electronics from Osmania University, has completed a one-year full-time Post Graduate Executive Program in Management at IIM Ahmedabad, and holds a Diploma in Life Underwriting and Health Insurance. She has worked in branches and divisions across different zones, handling portfolios such as CRM, Finance & Accounts, Policy Servicing, Claim Settlement, Sales and Personnel, and also worked at the Corporate Office of Health Insurance and on deputation with IRDAI for three years. Before taking charge as Chief Compliance Officer, she was Secretary (Corporate Governance/Golden Jubilee Foundation/Regulatory Compliance) handling regulatory matters from 2024.

The numbers (standalone)

• Net premium income: Rs.147,018.18 crore for the quarter and Rs.274,268.59 crore for the half-year.
• Profit after tax: Rs.12,076.02 crore for the quarter and Rs.25,568.05 crore for the half-year.
• Basic and diluted EPS: Rs.9.55 for the quarter and Rs.20.21 for the half-year.
• Solvency ratio: 2.35 as at September 30, 2026.

What the auditors drew attention to

The limited review report carries an Emphasis of Matters section. It notes that Rs.9,280.37 crore pertaining to additional contribution due to an increase in family pension is being amortised from the third quarter of FY 2023-24. The auditors state that their conclusion is not modified in respect of these matters. A separate note refers to the additional pension liability for the Par segment being charged to the shareholders' account from FY 2024-25.

How to read it

The financial results are unaudited and were subjected to a limited review, not an audit, by the statutory auditors; the actuarial valuation of policy liabilities in force was certified by the Appointed Actuary. The compliance officer change is an internal senior-management transition at the same level: the outgoing officer ceases as Chief Compliance Officer because the new incumbent takes charge, and the update gives that as the reason for the change.

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