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( As on 24/04/2025 17:30)

SBI Life Insurance Q4 net profit up 0.33% at Rs 813.51 cr

The company reported standalone net profit of Rs 813.51 crore for the quarter ended March 31, 2025 as compared to Rs 810.80 crore in the same period last year, registering a year-on-year growth of 0.33 per cent.

Net revenue of the company declined marginally by 5.00 per cent at Rs 23,860.71 crore in January-March quarter of this fiscal as against Rs 25,116.47 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 36.24 per cent to Rs 23,904.54 crore from Rs 37,490.72 crore in year ago period.

Other Income dipped by 17.66 per cent at Rs 1,349.78 crore versus (Mar'24 Rs 1,639.33 crore).

Operating Profit slipped by 32.53 per cent to Rs -833.59 crore as against Rs -1,235.53 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 29.07 per cent in March quarter.

Taxation increased by 116.02 per cent at Rs 87.12 crore (Mar'24 Rs 40.33 crore).