From The Hindu
Center-Left Owned by Kasturi & Sons Ltd.LIC Q2 profit rises 20% to ₹12,115 crore as VNB margin and net premium expands
What's behind this
Oil and Natural Gas Corporation (ONGC) reported a 57.3 per cent year‑on‑year increase in standalone net profit to Rs 15,489 crore for the second quarter of FY27, driven by higher crude oil and gas realisations. The company also announced an interim dividend of ₹8 per equity share and awarded offshore development projects valued at Rs 11,800 crore to bolster future production.
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RSS excerpt
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.