From The Times of India
Center Owned by Bennett, Coleman & Co.At 12k cr, LIC profit rises 20% in Q2
What's behind this
State‑owned insurer LIC reported a 20 percent rise in net profit for the second quarter ended September 2026, reaching roughly Rs 12,076 crore, according to The Pioneer. The increase was attributed to stronger renewal and net premium collections. The Times of India similarly noted the profit figure of about 12 k crore and the 20 percent growth. The insurer’s profit a year earlier had been Rs 10,053 crore.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
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 · 1 outlet
At 12k cr, LIC profit rises 20% in Q2
-
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
