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SBI Life Insurance Company Ltd Q4FY24; 4% 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 Q4FY24 of ₹36,255.00 Crores up from ₹21,296.00 Crore year on year, a rise of 70.24%.

Total Expenses for Q4FY24 of ₹37,043.00 Crores up from ₹22,197.00 Crores year on year, a rise of 66.88%.

Consolidated Net Profit of ₹811.00 Crores up 4.38% from ₹777.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.10, up 4.38% from ₹7.76 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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