{"id":153284,"date":"2023-08-14T06:28:31","date_gmt":"2023-08-14T10:28:31","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153284"},"modified":"2023-08-14T06:28:33","modified_gmt":"2023-08-14T10:28:33","slug":"new-india-assurance-company-ltd-q1fy24-91-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/new-india-assurance-company-ltd-q1fy24-91-rise-in-profits\/","title":{"rendered":"New India Assurance Company Ltd Q1FY24; 91% rise in Profits"},"content":{"rendered":"\n<p>New India Assurance Company Ltd is India&#8217;s largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>New India Assurance Company Ltd reported Revenues for Q1FY24 of \u20b99,900.00 Crores up from \u20b98,595.00 Crore year on year, a rise of 15.18%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b99,557.00 Crores up from \u20b98,436.00 Crores year on year, a rise of 13.29%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9261.00 Crores up 90.51% from \u20b9137.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.58, up 95.06% from \u20b90.81 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-865.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-865-839x1024.png\" alt=\"\" class=\"wp-image-153285\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-865-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-865-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-865-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-865-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-865.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New India Assurance Company Ltd is India&#8217;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 Q1FY24 of \u20b99,900.00 Crores up from \u20b98,595.00 Crore year on year, a rise of 15.18%. Total Expenses for Q1FY24 of \u20b99,557.00 Crores [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":153285,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1],"tags":[12149,8233,10224],"class_list":["post-153284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","tag-bfsi","tag-insurance-services","tag-psu"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-865.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":149889,"url":"https:\/\/alphastreet.com\/india\/sbi-life-insurance-company-ltd-q1fy24-45-rise-in-profits\/","url_meta":{"origin":153284,"position":0},"title":"SBI Life Insurance Company Ltd Q1FY24; 45% rise in Profits","author":"Chirag Gupta","date":"July 25, 2023","format":false,"excerpt":"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 Q1FY24 of \u20b927,895.00 Crores up from \u20b94,806.00 Crore year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-220.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-220.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-220.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-220.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-220.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-220.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154232,"url":"https:\/\/alphastreet.com\/india\/agro-phos-india-ltd-q1fy24-49-rise-in-revenue\/","url_meta":{"origin":153284,"position":1},"title":"Agro Phos India Ltd Q1FY24; 49% rise in Revenue","author":"Hardik Bhandare","date":"August 17, 2023","format":false,"excerpt":"Incorporated in 2002, Agro Phos India Ltd trades fertilizers and commodities Financial Results: Agro Phos India Ltd reported Revenues for Q1FY24 of \u20b944.98 Crores up from \u20b930.15 Crore year on year, a rise of 49.19%. Total Expenses for Q1FY24 of \u20b946.89 Crores up from \u20b927.37 Crores year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1175.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1175.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1175.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1175.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1175.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1175.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152893,"url":"https:\/\/alphastreet.com\/india\/esab-india-ltd-q1fy24-62-rise-in-profits\/","url_meta":{"origin":153284,"position":2},"title":"Esab India Ltd Q1FY24; 62% rise in Profits","author":"Hardik Bhandare","date":"August 11, 2023","format":false,"excerpt":"ESAB India Ltd is a leading supplier of welding and cutting products in India. It is a subsidiary of ESAB Group which was ultimately owned by the Colfax Corporation of USA. Financial Results: Esab India Ltd reported Revenues for Q1FY24 of \u20b9298.00 Crores up from \u20b9243.00 Crore year on year,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-738.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-738.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-738.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-738.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-738.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-738.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150687,"url":"https:\/\/alphastreet.com\/india\/r-systems-international-ltd-q1fy24-56-fall-in-profits\/","url_meta":{"origin":153284,"position":3},"title":"R Systems International Ltd Q1FY24; 56% fall in Profits","author":"Karan_Singh","date":"August 1, 2023","format":false,"excerpt":"R Systems is a leading provider of technology, artificial intelligence, analytics and knowledge services. It partners with customers to enable or elevate their digital transformation with diversified digital offerings including product engineering, cloud enablement, quality assurance testing and digital platforms and solutions. Financial Results: R Systems International Ltd reported Revenues\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-14.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-14.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-14.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-14.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-14.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-14.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152272,"url":"https:\/\/alphastreet.com\/india\/jtekt-india-ltd-q1fy24-19-rise-in-profits\/","url_meta":{"origin":153284,"position":4},"title":"JTEKT India Ltd Q1FY24; 19% rise in Profits","author":"Hardik Bhandare","date":"August 10, 2023","format":false,"excerpt":"JTEKT India Ltd is primarily engaged in the business of manufacturing steering systems & other auto components for the passenger car and utility vehicle manufacturers in the automobile sector. Financial Results: JTEKT India Ltd reported Revenues for Q1FY24 of \u20b9478.00 Crores up from \u20b9472.00 Crore year on year, a rise\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-534.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-534.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-534.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-534.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-534.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-534.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152927,"url":"https:\/\/alphastreet.com\/india\/kilitch-drugs-india-ltd-q1fy24-76-rise-in-profits\/","url_meta":{"origin":153284,"position":5},"title":"Kilitch Drugs (India) Ltd Q1FY24; 76% rise in Profits","author":"Hardik Bhandare","date":"August 11, 2023","format":false,"excerpt":"Kilitch Drugs (India) Ltd is a speciality pharmaceutical company engaged in manufacturing and trading of pharmaceutical products in domestic and international markets. Financial Results: Kilitch Drugs (India) Ltd reported Revenues for Q1FY24 of \u20b936.56 Crores up from \u20b933.45 Crore year on year, a rise of 9.3%. Total Expenses for Q1FY24\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-749.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-749.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-749.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-749.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-749.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-749.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=153284"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/153285"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=153284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=153284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=153284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}