SBI Life Insurance Company standalone net profit rises 26.25% in the March 2022 quarter

28 Apr 2022 , 04:41 PM

Net profit of SBI Life Insurance Company rose 26.25% to Rs 672.15 crore in the quarter ended March 2022 as against Rs 532.38 crore during the previous quarter ended March 2021. Sales rose 12.07% to Rs 17433.77 crore in the quarter ended March 2022 as against Rs 15555.74 crore during the previous quarter ended March 2021.

For the full year,net profit rose 3.44% to Rs 1505.99 crore in the year ended March 2022 as against Rs 1455.85 crore during the previous year ended March 2021. Sales rose 17.41% to Rs 58432.29 crore in the year ended March 2022 as against Rs 49768.28 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	17433.77	15555.74	12	58432.29	49768.28	17
OPM %	-1.55	-2.15	–	1.12	1.55	–
PBDT	725.13	501.90	44	1686.92	1640.01	3
PBT	725.13	501.90	44	1686.92	1640.01	3
NP	672.15	532.38	26	1505.99	1455.85	3

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