LIC Q1 Results: LIC reported a 5% YoY increase in net profit, reaching Rs 10,987 crore, with a corresponding 5% rise in net premium income to Rs 1.19 lakh crore in Q1. The insurer maintained market leadership with a 63.51% share in First Year Premium Income. VNB also rose 21% YoY to Rs 1,944 crore, reflecting improved profitability.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets