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New India Assurance Company Ltd Q1FY25; 7% fall in Profits

New India Assurance Company Ltd is India’s largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake.

Financial Results:

New India Assurance Company Ltd reported Revenues for Q1FY25 of ₹10,418.00 Crores up from ₹9,900.00 Crore year on year, a rise of 5.23%.

Total Expenses for Q1FY25 of ₹10,148.00 Crores up from ₹9,557.00 Crores year on year, a rise of 6.18%.

Consolidated Net Profit of ₹243.00 Crores down 6.9% from ₹261.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.45, down 8.23% from ₹1.58 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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