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New India Assurance Company reports consolidated net loss of Rs 552.40 crore in the March 2022 quarter

Sales rise 4.35% to Rs 7296.37 crore

May 24, 2022 8:10 IST | capital market
Net loss of New India Assurance Company reported to Rs 552.40 crore in the quarter ended March 2022 as against net profit of Rs 232.96 crore during the previous quarter ended March 2021. Sales rose 4.35% to Rs 7296.37 crore in the quarter ended March 2022 as against Rs 6991.89 crore during the previous quarter ended March 2021. For the full year,net profit declined 88.14% to Rs 194.57 crore in the year ended March 2022 as against Rs 1640.47 crore during the previous year ended March 2021. Sales rose 10.19% to Rs 29064.70 crore in the year ended March 2022 as against Rs 26376.33 crore during the previous year ended March 2021.
ParticularsQuarter EndedYear Ended
?Mar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.
Sales7296.376991.89 4 29064.7026376.33 10
OPM %-10.003.40 -0.287.42 -
PBDT-670.34324.37 PL 177.612059.76 -91
PBT-670.34324.37 PL 177.612059.76 -91
NP-552.40232.96 PL 194.571640.47 -88
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