4Q25 inline: Slower growth but better margin development; Retain Neutral 27 May 2025 | 11:41PM IST Life Insurance Corporation of India (LIFI.BO) LIFI.BO 12m Price Target: Rs880.00 Price: Rs871.05 Upside: 1.0% Shyam Srinivasan, CFA +91(22)6616-9346 | shyam.srinivasan@gs.com Goldman Sachs India SPL Rahul Jain +91(22)6616-9161 | rahul.m.jain@gs.com Goldman Sachs India SPL Karan Vora, CFA +91(22)6616-9146 | karan.vora@gs.com Goldman Sachs India SPL LIC reported 4Q APE at Rs189bn (-11% yoy, -4% vs GSe) with VNB ...