Investment income and actuarial adjustments continued to drive earnings volatility, a common feature in the life insurance business. Earnings per share (EPS) stood at Rs 8.02 for the quarter, compared to Rs 5.75 in Q3 and Rs 8.12 in Q4 FY25. Meanwhile, the expense management ratio improved sequentially to 9.05 per cent from 11.56 per cent in Q3, indicating better cost efficiency.
