SBI Life Insurance Company Ltd.

SBI Life Insurance Company has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported rise of 13.44% in its net profit after tax at Rs 381.21 crore for the quarter ended March 31, 2018, as compared to Rs 336.05 crore for the same quarter in the previous year. Net premium income of company increased by 25.74% at Rs 9,236.70 crore for the quarter under review as compared Rs 7,346.05 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 20.50% in its net profit after tax at Rs 1,150.38 crore as compared to Rs 954.65 crore for the same period in the previous year. Net premium income of company increased 20.66% at Rs 25,160.07 crore for year under review as compared to Rs 20,852.45 crore for the period ended March 31, 2017.