LICHF's Q1FY16 PAT at Rs 3.8bn was above our estimate of Rs 3.7bn. Net interest BUY(Maintain) incomeincreased30%yoytoRs6.6bn,whileoperatingprofitgrew25%toRs6.23bn. CMPRS465 NetprovisionwasRs440mncomparedtoRs90mnlastyear,asQ1FY15hadareversal TARGETRS570(+23%)...