SBI Life Insurance (NSE:SBILIFE, BOM:540719) said its net profit jumped to 5.51 billion Indian rupees in the fiscal third quarter from 3.22 billion rupees a year ago, according to a Friday filing with the Indian bourses.
Earnings per share during the quarter ended Dec. 31, 2024, climbed to 5.49 rupees from 3.21 rupees a year earlier. The EPS is higher than the 4.11 rupees estimated by the analysts polled by Visible Alpha.
Total income of the insurer fell year on year to 185.4 billion rupees from 388 billion rupees, according to the filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.