{"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":152272,"url":"https:\/\/alphastreet.com\/india\/jtekt-india-ltd-q1fy24-19-rise-in-profits\/","url_meta":{"origin":153284,"position":3},"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":4},"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":[]},{"id":153302,"url":"https:\/\/alphastreet.com\/india\/hardwyn-india-ltd-q1fy24-15-rise-in-profits\/","url_meta":{"origin":153284,"position":5},"title":"Hardwyn India Ltd Q1FY24; 15% rise in Profits","author":"Hardik Bhandare","date":"August 14, 2023","format":false,"excerpt":"Hardwyn India Ltd is a manufacturer of architectural hardware and glass fittings, which provides complete solution to residential and commercial structures. Financial Results: Hardwyn India Ltd reported Revenues for Q1FY24 of \u20b927.16 Crores up from \u20b925.59 Crore year on year, a rise of 6.14%. Total Expenses for Q1FY24 of \u20b925.94\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-873.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-873.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-873.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-873.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-873.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-873.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}]}}