Shriram Life Insurance Company today posted over four-fold rise in profit after tax (PAT) at Rs 88 crore in the year ended March 2018, compared with Rs 17 crore in the previous financial year.
The individual renewal premium collection registered a growth of 37 per cent, while the gross premium collections posted a growth of 23 per cent to cross Rs 1,500 crore in FY18 over the previous financial year, the firm said in a release.
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