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LIC Q2 Net Profit Jumps 31% to Rs 10,098 Cr on Strong Premium Growth; CEO Expects Robust H2 Demand

Life Insurance Corporation of India reported a 31% rise in Q2 net profit to Rs 10,098 crore, driven by a 5.5% increase in net premium income to Rs 1.26 trillion. LIC’s CEO cited an improved product mix, GST cuts, and optimistic policy demand for strong growth in the fiscal year’s second half.

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