LIC Q1 Results Preview: APE to remain flat, VNB margin may grow on a YoY basis

LIC Q1 Results Preview: Kotak Institutional Equities predicts LIC will report flat APE in Q1FY26E, with a potential 1% YoY growth but a 38.1% QoQ decline. VNB may rise 8.3% YoY but fall 50.7% QoQ, while margins could expand due to non-par policy share increases.

Markets