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SBI Life Insurance Company standalone net profit declines 40.26% in the December 2020 quarter

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Capital Market

Sales rise 17.72% to Rs 13766.49 crore

Net profit of SBI Life Insurance Company declined 40.26% to Rs 232.85 crore in the quarter ended December 2020 as against Rs 389.77 crore during the previous quarter ended December 2019. Sales rose 17.72% to Rs 13766.49 crore in the quarter ended December 2020 as against Rs 11694.51 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales13766.4911694.51 18 OPM %2.083.90 -PBDT296.01469.08 -37 PBT296.01469.08 -37 NP232.85389.77 -40

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First Published: Jan 22 2021 | 5:14 PM IST

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