SBI Life Q1 Results: Profit rises 18% YoY to Rs 263 crore, meets estimates - Economic Times


7/28/2022 12:00:00 AM2 years 9 months ago
by Amit Mudgill

​​Gross written premium (GWP) for the quarter rose 35 per cent YoY to roughly Rs 11,350 crore in the June quarter, mainly due to 83 per cent growth in first-year premium (FYP) and 14 per cent growth in renewal premium.

SBI Life on Thursday reported a 17.78 per cent year-on-year (YoY) rise in net profit at Rs 262.85 crore for the June quarter compared with Rs 223.16 crore in the corresponding quarter last year. Gr… [+2220 chars]

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