Net premium income increased 26.23% year on year (YoY) to Rs 25,116.47 crore in the quarter ended 31 March 2024.

Net income from investment zoomed to Rs 10,811.70 crore in March 2024 quarter from Rs 1,186.13 crore posted in corresponding quarter last year.

The company's profit before tax stood at Rs 836.35 crore in Q4 FY24 from Rs 793.59 crore posted in same quarter previous year.

On full-yearly basis, the company's net profit rose 10.07% to Rs 1,893.78 crore on 62.54% surge in total income to Rs 1,32,631.41 crore in FY24 over FY23.

New business premium (NBP) grew by 29% to Rs 38,240 crore in FY24. The company stated that it has private market leadership in individual NBP of Rs 23,830 crore with 14% growth and 25.8% market share.

During FY24, the company registered...

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