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New India Assurance Company reports consolidated net profit of Rs 487.36 crore in the December 2019 quarter

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Capital Market
Last Updated : Feb 08 2020 | 9:08 AM IST

Sales rise 11.71% to Rs 6176.47 crore

Net profit of New India Assurance Company reported to Rs 487.36 crore in the quarter ended December 2019 as against net loss of Rs 110.95 crore during the previous quarter ended December 2018. Sales rose 11.71% to Rs 6176.47 crore in the quarter ended December 2019 as against Rs 5529.00 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales6176.475529.00 12 OPM %9.73-2.17 -PBDT598.55-143.87 LP PBT598.55-143.87 LP NP487.36-110.95 LP

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First Published: Feb 08 2020 | 8:53 AM IST

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