X

SBI Life Insurance Company Ltd Q2FY25; 39% rise in Profits

SBI Life Insurance Company Ltd is engaged in the business of life insurance and annuity. It was started as a Joint-venture between State Bank of India and BNP Paribas Cardif S.A.

Financial Results:

SBI Life Insurance Company Ltd reported Revenues for Q2FY25 of ₹40,302.00 Crores up from ₹28,805.00 Crore year on year, a rise of 39.91%.

Total Expenses for Q2FY25 of ₹39,696.00 Crores up from ₹28,392.00 Crores year on year, a rise of 39.81%.

Consolidated Net Profit of ₹529.00 Crores up 39.21% from ₹380.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.28, up 38.95% from ₹3.80 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.

Related Post