ICICI Prudential (IPRU) has been delivering steady recovery in volume since H2FY26, which has broadly extended into H1FY27. Retail APE grew 10.7% YoY in Q2FY27 (vs. 8.8% YoY in Q1FY27), while VNB grew 20.2% in Q2FY27 and 22.3% in H1FY27.