SBI Life Q3 results FY25 declared a whopping 71% year-on-year increase in net profit to ₹551 crores. On the SBI Life Q3 results date which was January 17, 2025, the SBI Life share price closed at ₹1,540.50. Let’s get into the details of the SBI Life Insurance Company results and key ratios.
SBI Life Q3 Results FY25: Key Highlights
- The company reported a 71.19% increase in net profit to ₹550.82 crores despite a 52.21% fall in total income to ₹18,542.16 crores in Q3 FY25 over Q3 FY24.
- The life insurer’s net premium income grew by 11.25% YoY to ₹24,827.54 crores in Q3 FY25.
- As per the SBI Life Q3 results, net worth grew by 15% YoY to ₹16,590 crores in Q3 FY25 as compared to ₹14,430 crores recorded in Q3 FY24.
Consolidated Numbers | Q3 FY25 | Q3 FY24 | YoY Change |
---|---|---|---|
Net Premium Income | 24,828 | 22,316 | 11% |
Net Profit | 551 | 322 | 71% |
First-Year Premium | 6,451 | 5,677 | 14% |
*(in ₹ crores)
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SBI Life Q3 Results: Nine-Months Earnings
SBI Life Q3 results reported a robust solvency ratio of 2.04 as on 31 September 2024 as against the regulatory requirement of 1.50, indicating a strong financial position of the company.
Asset under management (AUM) jumped 19% YoY to ₹4,41,680 crores as on 31 December 2024 with a debt-equity mix of 61:39. Over 95% of the debt investments are in AAA and sovereign instruments.
Consolidated Numbers | 9M FY25 | 9M FY24 | YoY Change |
---|---|---|---|
Assets Under Management | 4,41,680 | 3,71,410 | 19% |
New Business Premium (NBP) | 26,260 | 26,000 | 1% |
Value of New Business | 4,290 | 4,040 | 6% |
New Business Margin (%) | 26.9% | 28.1% | -1.20% |
Operating Expense Ratio (%) | 5.3% | 5.1% | 0.20% |
Solvency Ratio (%) | 2.04% | 2.09% | -0.05% |
*(in ₹ crores)
Highlighting the SBI Life share price performance, it has generated a positive return of around 4% in the last 1 week (as on January 17, 2025). Keep exploring stocks and open demat account with SMC Global Securities. Stay tuned for the upcoming Nifty 50 companies quarterly results.
References:
SMC Global Securities Research Team
Author: All Content is verified by SMC Global Securities.
WHY SMC
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- Advance Technical Analysis
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