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Shares of SBI Life Insurance are likely to remain in focus on Friday, April 25, after the company reported a marginal 0.3% year-on-year (YoY) rise in consolidated net profit for the March quarter at Rs 813.5 crore, compared to Rs 810.
8 crore in the same period last year.The insurer’s net premium income declined 5% YoY to Rs 23,861 crore in Q4FY25, from Rs 25,116 crore in the corresponding quarter of the previous fiscal.First-year premium rose 7.
3% YoY to Rs 4,858.7 crore, up from Rs 4,528.3 crore a year earlier.
Renewal premium increased 12.9% YoY to Rs 14,680.3 crore, compared to Rs 13,003.
2 crore in the year-ago period. In contrast, single premium income dropped sharply by 42.1% YoY to Rs 4,462.
5 crore from Rs 7,709.5 crore.Net commission rose 17.
2% YoY to Rs 998 crore, against Rs 851 crore last year.The 13th-month persistency ratio improved to 86.64%, up from 85.
76% a year earlier, while the 61st-month persistency ratio increased to 61.51%, from 57.81% YoY.
SBI Life’s Assets under Management (AUM) rose 15% YoY to Rs 4.48 lakh crore as of March 31, 2025, compared to Rs 3.89 lakh crore in the previous year.
The company maintained a debt-equity allocation of 61:39, with 94% of its debt portfolio invested in AAA-rated and sovereign instruments.Also read: Asian stocks rise on Fed rate-cut hopes, Alphabet solid earningsSBI Life Insurance Share Price HistorySBI Life Insurance shares have gained 10.23% over the past year.
On a year-to-date (YTD) basis, the stock is up 14.87%. However, it is down 1.
53% over the last 6 months. The 3-month performance shows an 11.65% gain, while the 1-month return stands at 2.
47%.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times).
