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SBI Life Insurance Company standalone net profit declines 48.17% in the September 2019 quarter

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Capital Market

Sales rise 31.98% to Rs 10111.51 crore

Net profit of SBI Life Insurance Company declined 48.17% to Rs 129.84 crore in the quarter ended September 2019 as against Rs 250.53 crore during the previous quarter ended September 2018. Sales rose 31.98% to Rs 10111.51 crore in the quarter ended September 2019 as against Rs 7661.55 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales10111.517661.55 32 OPM %1.063.09 -PBDT119.21256.41 -54 PBT119.21256.41 -54 NP129.84250.53 -48

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First Published: Oct 16 2019 | 2:52 PM IST

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