SBI Life Insurance Company surges after reporting marginal rise in Q4 net profit
SBI Life Insurance Company is currently trading at Rs 1671.00, up by 62.15 points or 3.86% from its previous closing of Rs 1608.85 on the BSE.
The scrip opened at Rs 1715.30 and has touched a high and low of Rs 1763.00 and Rs 1651.80 respectively. So far 330132 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 1935.00 on 03-Sep-2024 and a 52-week low of Rs 1307.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs 1763.00 and Rs 1593.80 respectively. The current market cap of the company is Rs 167256.35 crore.
The promoters holding in the company stood at 55.38%, while Institutions and Non-Institutions held 40.55% and 4.06% respectively.
The company has reported marginal rise in its net profit at Rs 813.51 crore for fourth quarter ended March 31, 2025 as compared to Rs 810.80 crore for the same quarter in the previous year. However, net premium income of the company decreased by 5.00% at Rs 23860.71 crore for Q4FY25 as compared Rs 25116.47 crore for the corresponding quarter previous year.
For the year ended March 31, 2025, the company has reported 27.43% rise in its net profit at Rs 2413.30 crore as compared to Rs 1893.78 crore for the previous year. Net premium income of the company increased by 4.31% at Rs 84059.83 crore for year under review as compared to Rs 80587.10 crore for year ended March 31, 2024.
