SBI Life Insurance Company has posted a stellar financial performance for the third quarter of FY25, driving its stock price up by 1.74% to ₹1,539.90 as of January 17, 2025. The company’s robust growth across key metrics reflects its strong operational and financial management in a competitive market.
Key Financial Highlights:
- First-Year Premium Income:
- Q3 FY25: ₹6,450.84 crore, up 13.6% YoY (₹5,676.69 crore in Q3 FY24).
- Nine-Month Period: ₹14,512.93 crore, up 12% YoY (₹12,947.43 crore in the previous year).
- Net Premium Income: ₹24,827.54 crore in Q3 FY25, a 9.5% YoY increase (₹22,669.45 crore in Q3 FY24).
- Net Profit: Soared 71.2% YoY to ₹550.82 crore in Q3 FY25, compared to ₹321.84 crore in Q3 FY24.
- Expense Efficiency: The company’s operating expenses to gross premium ratio improved, showcasing better cost management.
Nine-Month Performance:
SBI Life continued its upward momentum during the nine-month period:
- Gross Premium Income: ₹68,429.12 crore, reflecting a 10.2% YoY growth (₹62,086.75 crore in FY24).
- Net Profit: ₹1,340.21 crore, a significant improvement over ₹968.32 crore in the corresponding period last year.
Sbi Life Insurance Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Thu, Jan 16 2025
|
₹1,486.00
|
₹1,513.60
|
|
|
Wed, Jan 15 2025
|
₹1,504.50
|
₹1,472.75
|
-1.77%
|
|
Tue, Jan 14 2025
|
₹1,475.00
|
₹1,499.25
|
|
|
Mon, Jan 13 2025
|
₹1,478.30
|
₹1,467.40
|
-0.74%
|
|
Fri, Jan 10 2025
|
₹1,469.90
|
₹1,478.30
|
|
|
Thu, Jan 9 2025
|
₹1,457.80
|
₹1,468.45
|
|
|
Wed, Jan 8 2025
|
₹1,478.70
|
₹1,463.15
|
-0.99%
|
|
Tue, Jan 7 2025
|
₹1,447.00
|
₹1,477.75
|
|
Disclaimer: The above information is for informational purposes only and should not be considered as financial or investment advice.
TOPICS:
SBI life insurance