LIC CEO On Share Price Performance, 12X PAT Growth & Why LIC Stock Could Rise

LIC has delivered a sharp improvement in profitability, with Profit After Tax (PAT) growing nearly 12 times over the past three years. In an exclusive conversation with Business Today Group Editor Siddharth Zarabi, LIC CEO & MD R Doraiswamy discusses the company’s performance against its IPO commitments and addresses concerns around LIC’s share price. Doraiswamy says LIC has improved its product mix, distribution channels and VNB margins, while noting that the company cannot directly influence its stock price. He also highlights the increase in LIC’s public shareholding to 10% and says he expects the stock to benefit as broader market conditions improve.