Results     30-May-23
Announcements
New India Assurance Company reports consolidated net profit of Rs 126.12 crore in the March 2023 quarter
Sales rise 8.79% to Rs 7937.38 crore
Net profit of New India Assurance Company reported to Rs 126.12 crore in the quarter ended March 2023 as against net loss of Rs 552.40 crore during the previous quarter ended March 2022. Sales rose 8.79% to Rs 7937.38 crore in the quarter ended March 2023 as against Rs 7296.37 crore during the previous quarter ended March 2022.

For the full year,net profit rose 438.63% to Rs 1048.01 crore in the year ended March 2023 as against Rs 194.57 crore during the previous year ended March 2022. Sales rose 4.68% to Rs 30424.95 crore in the year ended March 2023 as against Rs 29064.70 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales7937.387296.37 9 30424.9529064.70 5
OPM %1.38-10.00 -3.920.28 -
PBDT150.12-670.34 LP 1256.46177.61 607
PBT150.12-670.34 LP 1256.46177.61 607
NP126.12-552.40 LP 1048.01194.57 439

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