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SBI Life reported strong Q3 FY26 results with Assets Under Management (AUM) exceeding ₹5 Trillion (₹500,000 Cr), up 16%. New Business Premium grew 19% to ₹31,330 Cr, and Gross Written Premium rose 20% to ₹73,350 Cr. Profit After Tax increased 4% to ₹1,670 Cr, which would be 34% growth excluding GST and labor law impact. Value of New Business grew 17% to ₹5,040 Cr, with VONB margin at 27.2%. Management maintains its 13-14% full-year APE growth outlook, driven by strong protection product performance and digital initiatives. Solvency remains robust at 1.91, and new par and deferred annuity products are in the pipeline.