LIC Q1 Results: VNB jumps 61%, margin beats estimates despite lower-than-expected APE

LIC’s total APE stood at ₹13,692 crore during the quarter, up 8.2% from a year ago but below the CNBC-TV18 poll estimate of ₹14,841 crore. VNB surged 61.3% year-on-year to ₹3,136 crore, significantly ahead of the poll estimate of ₹2,638 crore.

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