LIC Q2 Results Review - RoEV Improves Due To Underlying Factors, Upgrade To 'Buy': Yes Securities

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Yes Securities Report.VNB margin has improved in a reasonably healthy manner on YoY basis, driven by product mix change: Life Insurance Corporation of India's value of new business margin for Q2 FY25 amounts to 17.9% compared with 15.3% in Q2 FY24, up 257 bps YoY. On half-year basis, VNB margin has improved 160 bps YoY, with product mix change enhancing H1 margin by 430 bps whereas economic assumption change offsetting the same by 290 bps. The share of Individual Non-Par business has risen by 11.8% points on YoY basis to 19.2% in Q2. This has come with some sacrifice in margin with H1 margin for Non-Par business declining 6.2% points to 43.8%. However, mix change proved to be the over-arching factor influencing margin. Importantly, due to various measures undertaken, the company expects the VNB margin will not get impacted due to the change in surrender value norms..Click on the attachment to read the full report:.Tata Motors Q2 Results: Profit Down 10%, Revenue Dips 3.5% On Sales Hit.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

LIC Q2 Results Review - RoEV Improves Due To Underlying Factors, Upgrade To 'Buy': Yes Securities

Growth and margin show improved traction, says the brokerage.

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LIC Q2 Results Review - RoEV Improves Due To Underlying Factors, Upgrade To 'Buy': Yes Securities

Growth and margin show improved traction, says the brokerage.

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