Results     27-Apr-23
Announcements
SBI Life Insurance Company standalone net profit rises 15.58% in the March 2023 quarter
Sales rise 14.13% to Rs 19896.92 crore
Net profit of SBI Life Insurance Company rose 15.58% to Rs 776.85 crore in the quarter ended March 2023 as against Rs 672.15 crore during the previous quarter ended March 2022. Sales rose 14.13% to Rs 19896.92 crore in the quarter ended March 2023 as against Rs 17433.77 crore during the previous quarter ended March 2022.

For the full year,net profit rose 14.25% to Rs 1720.57 crore in the year ended March 2023 as against Rs 1505.99 crore during the previous year ended March 2022. Sales rose 13.95% to Rs 66581.00 crore in the year ended March 2023 as against Rs 58432.29 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales19896.9217433.77 14 66581.0058432.29 14
OPM %-4.53-1.55 -0.221.12 -
PBDT821.55725.13 13 1905.831686.92 13
PBT821.55725.13 13 1905.831686.92 13
NP776.85672.15 16 1720.571505.99 14

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