SBI Life Insurance Company standalone net profit rises 0.32% in the March 2021 quarter

Sales rise 31.13% to Rs 15555.74 crore

Net profit of SBI Life Insurance Company rose 0.32% to Rs 532.38 crore in the quarter ended March 2021 as against Rs 530.67 crore during the previous quarter ended March 2020. Sales rose 31.13% to Rs 15555.74 crore in the quarter ended March 2021 as against Rs 11862.98 crore during the previous quarter ended March 2020.

For the full year,net profit rose 2.37% to Rs 1455.85 crore in the year ended March 2021 as against Rs 1422.17 crore during the previous year ended March 2020. Sales rose 23.42% to Rs 49768.28 crore in the year ended March 2021 as against Rs 40324.01 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales15555.7411862.98 31 49768.2840324.01 23 OPM %-2.150.81 -1.553.13 - PBDT501.90587.34 -15 1640.011790.28 -8 PBT501.90587.34 -15 1640.011790.28 -8 NP532.38530.67 0 1455.851422.17 2

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