Shares of SBI Life Insurance rallied 9.5% on the BSE to their intraday high of Rs 1,763 on the BSE on Friday, April 25, after the company reported a marginal 0.3% year-on-year (YoY) rise in consolidated net profit for the March quarter at Rs 813.5 crore, compared to Rs 810.8 crore in the same period last year.
The insurer’s net premium income declined 5% YoY to Rs 23,861 crore in Q4FY25, from Rs 25,116 crore in the corresponding quarter of the previous fiscal.
First-year premium rose 7.3% YoY to Rs 4,858.7 crore, up from Rs 4,528.3 crore a year earlier.
Renewal premium increased 12.9% YoY to Rs 14,680.3 crore, compared to Rs 13,003.2 crore in the year-ago period. In contrast, single premium income dropped sharply by 42.1% YoY to Rs 4,462.5 crore from Rs 7,709.5 crore.
Net commission rose 17.2% YoY to Rs 998 crore, against Rs 851 crore last year.
The 13th-month persistency ratio improved to 86.64%, up from 85.76% a year earlier, while the 61st-month persistency ratio increased to 61.51%, from 57.81% YoY.
SBI Life’s Assets under Management (AUM) rose 15% YoY to Rs 4.48 lakh crore as of March 31, 2025, compared to Rs 3.89 lakh crore in the previous year. The company maintained a debt-equity allocation of 61:39, with 94% of its debt portfolio invested in AAA-rated and sovereign instruments.
Also read: Asian stocks rise on Fed rate-cut hopes, Alphabet solid earnings
SBI Life Insurance Share Price History
SBI Life Insurance shares have gained 10.23% over the past year. On a year-to-date (YTD) basis, the stock is up 14.87%. However, it is down 1.53% over the last 6 months. The 3-month performance shows an 11.65% gain, while the 1-month return stands at 2.47%.
( Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The insurer’s net premium income declined 5% YoY to Rs 23,861 crore in Q4FY25, from Rs 25,116 crore in the corresponding quarter of the previous fiscal.
First-year premium rose 7.3% YoY to Rs 4,858.7 crore, up from Rs 4,528.3 crore a year earlier.
Renewal premium increased 12.9% YoY to Rs 14,680.3 crore, compared to Rs 13,003.2 crore in the year-ago period. In contrast, single premium income dropped sharply by 42.1% YoY to Rs 4,462.5 crore from Rs 7,709.5 crore.
Net commission rose 17.2% YoY to Rs 998 crore, against Rs 851 crore last year.
The 13th-month persistency ratio improved to 86.64%, up from 85.76% a year earlier, while the 61st-month persistency ratio increased to 61.51%, from 57.81% YoY.
SBI Life’s Assets under Management (AUM) rose 15% YoY to Rs 4.48 lakh crore as of March 31, 2025, compared to Rs 3.89 lakh crore in the previous year. The company maintained a debt-equity allocation of 61:39, with 94% of its debt portfolio invested in AAA-rated and sovereign instruments.
Also read: Asian stocks rise on Fed rate-cut hopes, Alphabet solid earnings
SBI Life Insurance Share Price History
SBI Life Insurance shares have gained 10.23% over the past year. On a year-to-date (YTD) basis, the stock is up 14.87%. However, it is down 1.53% over the last 6 months. The 3-month performance shows an 11.65% gain, while the 1-month return stands at 2.47%.
( Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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