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New India Assurance Company reports standalone net profit of Rs 617.28 crore in the December 2017 quarter

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Capital Market

Sales rise 25.15% to Rs 5074.02 crore

Net profit of New India Assurance Company reported to Rs 617.28 crore in the quarter ended December 2017 as against net loss of Rs 23.69 crore during the previous quarter ended December 2016. Sales rose 25.15% to Rs 5074.02 crore in the quarter ended December 2017 as against Rs 4054.49 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales5074.024054.49 25 OPM %-9.19-25.58 -PBDT769.14-40.48 LP PBT769.14-40.48 LP NP617.28-23.69 LP

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First Published: Feb 03 2018 | 5:05 PM IST

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