New India Assurance Company standalone net profit declines 56.08% in the September 2018 quarter

Sales rise 10.88% to Rs 5207.76 crore

Net profit of New India Assurance Company declined 56.08% to Rs 328.64 crore in the quarter ended September 2018 as against Rs 748.26 crore during the previous quarter ended September 2017. Sales rose 10.88% to Rs 5207.76 crore in the quarter ended September 2018 as against Rs 4696.56 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales5207.764696.56 11 OPM %7.0819.25 -PBDT372.49907.36 -59 PBT372.49907.36 -59 NP328.64748.26 -56

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