New India Assurance Company consolidated net profit rises 96.67% in the March 2021 quarter

Sales rise 13.73% to Rs 6991.89 crore

Net profit of New India Assurance Company rose 96.67% to Rs 232.96 crore in the quarter ended March 2021 as against Rs 118.45 crore during the previous quarter ended March 2020. Sales rose 13.73% to Rs 6991.89 crore in the quarter ended March 2021 as against Rs 6147.91 crore during the previous quarter ended March 2020.

For the full year,net profit rose 13.74% to Rs 1640.47 crore in the year ended March 2021 as against Rs 1442.25 crore during the previous year ended March 2020. Sales rose 11.47% to Rs 26376.33 crore in the year ended March 2021 as against Rs 23662.18 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales6991.896147.91 14 26376.3323662.18 11 OPM %3.401.32 -7.426.78 - PBDT324.37127.84 154 2059.761659.04 24 PBT324.37127.84 154 2059.761659.04 24 NP232.96118.45 97 1640.471442.25 14

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