From The New Indian Express
Center Owned by Express Publications (Madurai) Ltd.Higher premium income lifts LIC profit by 20% to Rs12,076 cr in Q2
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
-
left · 1 outlet
LIC expects further improvement in VNB margins, supported by a favourable product mix and growth in high-margin segments, particularly non-participating (non-par) savings and term assurance.
-
center · 2 outlets
Oil and Natural Gas Corporation (ONGC) reported a 57.3 per cent year-on-year rise in standalone net profit to Rs 15,489 crore in the second quarter of FY27, supported by higher crude oil realisations, while awarding offshore development projects worth Rs 11,800 crore to strengthen future production.
-
right · 1 outlet
A significant proportion of the investment activity was directed towards government securities, including state government securities, to take take advantage of the higher yields
RSS excerpt
National insurer Life Insurance Corporation on Thursday reported a full 20% year-on-year growth in net income at Rs12,076 crore in the September quarter, driven by a robust growth in premium income that printed in at over 16%. Net premium income increased to Rs1,47,018 crore in the reporting…
