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SBI Life Insurance Company LimitedInvestor Meet, 30-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

30-10-2024 · 01:27 pm

SBI Life Insurance Company announced its Q2 FY 2024-25 earnings, showcasing a profit after tax of ₹10.5 billion, an increase of 38% year-on-year. New business premium reached ₹157.3 billion, maintaining a 21.3% private market share. The company relaunched 15 products and introduced nine new ones, focusing on customer needs. Despite slower premium growth, the firm remains optimistic about upcoming initiatives and forecasts a 15-17% growth outlook for the year.

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