SBI Life This fall FY25 Earnings: Mumbai-headquartered SBI Life Insurance coverage Firm, a life insurance coverage agency, on Thursday reported a web revenue of Rs 814 crore for the quarter ended March 31, marking a decline of 0.4 per cent in contrast with the corresponding interval a yr in the past.
Its gross premium earnings, a measure of income for insurance coverage companies, got here in at Rs 24,002 crore for the March quarter, marking a fall of 4.9 per cent on a year-on-year foundation, based on a regulatory submitting.
Each top-line and bottom-line fell wanting analysts’ expectations.
In keeping with Zee Enterprise analysis, SBI Life Insurance coverage was estimated to register a web revenue of Rs 860 crore with gross premium earnings of Rs 25,340 crore for the ultimate three months of FY25.
The life insurance coverage supplier posted a web premium earnings of Rs 23,860.7 crore for the ultimate quarter of FY25, as towards Rs 25,116.5 crore a yr in the past.
SBI Life’s solvency ratio, a key measure of an insurance coverage firm’s means to fulfill its long-term monetary obligations, remained unchanged at 1.96 per cent for the quarter ended March 31, 2025, because the corresponding interval a yr in the past, it famous.
A solvency ratio displays how a lot capital an insurer has relative to the dangers that it bears over the long run. The upper this ratio, the stronger the monetary place.
SBI Life Insurance coverage FY25 earnings
For the monetary yr ended March 31, SBI Life registered 27 per cent year-on-year development in its web revenue to Rs 2,410 crore, with a 7.0 per cent enhance within the worth of latest enterprise (VoNB) to Rs 5,950 crore.
Its VoNB margin for the monetary yr 2024-25 stood at 27.8 per cent, whereas its annualised premium equal (APE) grew 9.0 per cent to Rs 214.2 crore.
SBI Life Insurance coverage Firm share value information
Minutes after the earnings announcement, SBI Life Insurance coverage shares—traded with the image SBILIFE on inventory exchanges BSE and NSE—ended decrease by Rs 4.1, or 0.3 per cent, at Rs 1,611.5 apiece on BSE.
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