Stock Report

SBI Life Insurance Company Ltd reports net profit of Rs. 810.80 crores in Q4 FY2024



Posted On : 2024-04-27 10:31:32( TIMEZONE : IST )

SBI Life Insurance Company Ltd reports net profit of Rs. 810.80 crores in Q4 FY2024

SBI Life Insurance Company Limited has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 37567.50 crores during the period ended March 31, 2024 as compared to Rs. 38803.36 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 810.80 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 321.75 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 8.09 for the period ended March 31, 2024 as compared to Rs. 3.21 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹ 37567.50 crs ₹38803.36 crs Up Tick / Down Tick-3.18%
Net Profit ₹810.80 crs ₹321.75 crs Up Tick / Down Tick152.00%
EPS ₹8.09 ₹3.21 Up Tick / Down Tick152.02%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 37567.50 crores during the period ended March 31, 2024 as compared to Rs.22805.40 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.810.80 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.776.85 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.8.09 for the period ended March 31, 2024 as compared to Rs.7.76 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹ 37567.50 crs ₹22805.40 crs Up Tick / Down Tick64.73%
Net Profit ₹810.80 crs ₹776.85 crs Up Tick / Down Tick4.37%
EPS ₹8.09 ₹7.76 Up Tick / Down Tick4.25%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.132631.41 crores during the Financial Year ended March 31, 2024 as compared to Rs.81598.48 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.1893.78 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.1720.57 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.18.90 for the Financial Year ended March 31, 2024 as compared to Rs.17.18 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹132631.41 crs ₹81598.48 crs Up Tick / Down Tick62.54%
Net Profit ₹1893.78 crs ₹1720.57 crs Up Tick / Down Tick10.07%
EPS ₹18.90 ₹17.18 Up Tick / Down Tick10.01%

Shares of SBI Life Insurance Company Limited was last trading in BSE at Rs. 1415.25 as compared to the previous close of Rs. 1444.05. The total number of shares traded during the day was 34231 in over 1366 trades.

The stock hit an intraday high of Rs. 1466.00 and intraday low of 1413.00. The net turnover during the day was Rs. 49059465.00.

Source : Equity Bulls

Keywords

SBILifeInsuranceCompany Q4FY24 FY2024 ResultUpdate