New India Assurance Company Ltd Q3FY25; 52% fall in Profits

New India Assurance Company Ltd Q3FY25; 52% 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 Q3FY25 of ₹10,703.00 Crores down from ₹11,366.00 Crore year on year, a fall of 5.83%.

Total Expenses for Q3FY25 of ₹10,605.00 Crores up from ₹10,500.00 Crores year on year, a rise of 1.0%.

Consolidated Net Profit of ₹349.00 Crores down 51.66% from ₹722.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.12, down 51.60% from ₹4.38 in the same quarter of the previous year.

 

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