National Insurance Company reports consolidated net profit of Rs 55.47 crore in the March 2024 quarter

Sales rise 6.74% to Rs 3479.47 crore

Net profit of National Insurance Company reported to Rs 55.47 crore in the quarter ended March 2024 as against net loss of Rs 1493.69 crore during the previous quarter ended March 2023. Sales rose 6.74% to Rs 3479.47 crore in the quarter ended March 2024 as against Rs 3259.83 crore during the previous quarter ended March 2023.

For the full year,net loss reported to Rs 162.38 crore in the year ended March 2024 as against net loss of Rs 3882.42 crore during the previous year ended March 2023. Sales rose 7.42% to Rs 13648.74 crore in the year ended March 2024 as against Rs 12706.16 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales3479.473259.83 7 13648.7412706.16 7 OPM %1.85-94.00 --2.62-42.97 - PBDT21.81-1482.67 LP -204.75-3871.49 95 PBT21.81-1482.67 LP -204.75-3871.49 95 NP55.47-1493.69 LP -162.38-3882.42 96

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