SBI Life Insurance Company reports 53% rise in Q2 net profit

25 Oct 2022 Evaluate

SBI Life Insurance Company has reported results for second quarter ended September 30, 2022.

The company has reported rise of 52.76% in its net profit at Rs 376.74 crore for Q2FY23 as compared to Rs 246.62 crore for the corresponding quarter previous year. Total income of the company increased by 8.35% to Rs 27,525.26 crore for the quarter under review as compared to Rs 25,404.10 crore for the same quarter in the previous year.

SBI Life Insurance Company is carrying on business of life insurance and annuity.

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