New India Assurance Company consolidated net profit declines 55.68% in the June 2019 quarter

Sales rise 4.83% to Rs 5448.41 crore

Net profit of New India Assurance Company declined 55.68% to Rs 279.60 crore in the quarter ended June 2019 as against Rs 630.91 crore during the previous quarter ended June 2018. Sales rose 4.83% to Rs 5448.41 crore in the quarter ended June 2019 as against Rs 5197.55 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales5448.415197.55 5 OPM %5.8114.57 -PBDT321.43760.53 -58 PBT321.43760.53 -58 NP279.60630.91 -56

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