LIC Q2 net rises 31% on business growth, higher margins

Life Insurance Corp, or LIC, saw its September quarter profit jump 31% to over ₹10,000 crore. This growth was fueled by its core business and improved margins. While premium growth faced a temporary dip due to GST benefits, LIC anticipates a strong second half. The company is focusing on profitable products and passing on GST benefits to customers.

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