SBI Life Insurance Company standalone net profit rises 13.44% in the March 2018 quarter

Sales rise 25.74% to Rs 9236.70 crore

Net profit of SBI Life Insurance Company rose 13.44% to Rs 381.21 crore in the quarter ended March 2018 as against Rs 336.05 crore during the previous quarter ended March 2017. Sales rose 25.74% to Rs 9236.70 crore in the quarter ended March 2018 as against Rs 7346.05 crore during the previous quarter ended March 2017.

For the full year,net profit rose 20.50% to Rs 1150.38 crore in the year ended March 2018 as against Rs 954.65 crore during the previous year ended March 2017. Sales rose 20.66% to Rs 25160.07 crore in the year ended March 2018 as against Rs 20852.45 crore during the previous year ended March 2017.

 

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales9236.707346.05 26 25160.0720852.45 21 OPM %3.153.39 -4.094.01 - PBDT389.15332.23 17 1184.45974.57 22 PBT389.15332.23 17 1184.45974.57 22 NP381.21336.05 13 1150.38954.65 21

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