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New India Assurance Company Ltd Q4FY24; 152% rise 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 Q4FY24 of ₹11,686.00 Crores up from ₹10,182.00 Crore year on year, a rise of 14.77%.

Total Expenses for Q4FY24 of ₹11,252.00 Crores up from ₹10,073.00 Crores year on year, a rise of 11.7%.

Consolidated Net Profit of ₹313.00 Crores up 152.42% from ₹124.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.89, up 145.45% from ₹0.77 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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