Results     30-May-23
Announcements
New India Assurance Company reports standalone net profit of Rs 154.96 crore in the March 2023 quarter
Sales rise 8.73% to Rs 7893.22 crore
Net profit of New India Assurance Company reported to Rs 154.96 crore in the quarter ended March 2023 as against net loss of Rs 543.35 crore during the previous quarter ended March 2022. Sales rose 8.73% to Rs 7893.22 crore in the quarter ended March 2023 as against Rs 7259.78 crore during the previous quarter ended March 2022.

For the full year,net profit rose 542.48% to Rs 1055.40 crore in the year ended March 2023 as against Rs 164.27 crore during the previous year ended March 2022. Sales rose 4.63% to Rs 30244.39 crore in the year ended March 2023 as against Rs 28905.28 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales7893.227259.78 9 30244.3928905.28 5
OPM %1.50-9.88 -3.900.22 -
PBDT159.46-658.42 LP 1245.23159.91 679
PBT159.46-658.42 LP 1245.23159.91 679
NP154.96-543.35 LP 1055.40164.27 542

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