SBI Life Insurance's Consolidated Net Profit Rises in Fiscal Q1

MT Newswires Live

07-24

SBI Life Insurance's (NSE:SBILIFE, BOM:540719) consolidated net profit increased to 5.94 billion Indian rupees in the fiscal first quarter ended June 30 against 5.20 billion rupees a year ago.

Earnings per share climbed to 5.93 rupees from 5.18 rupees a year earlier, according to a Thursday filing to the stock exchanges by the insurance company.

Net premium income in fiscal Q1 rose to 171.8 billion rupees from 151.1 billion rupees a year ago.

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