{"id":40840,"date":"2023-07-26T16:33:21","date_gmt":"2023-07-26T20:33:21","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/sbi-life-insurances-first-quarter-net-profit-rose-45-on-year\/"},"modified":"2023-07-26T16:33:23","modified_gmt":"2023-07-26T20:33:23","slug":"sbi-life-insurances-first-quarter-net-profit-rose-45-on-year","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=40840","title":{"rendered":"SBI Life Insurance&#8217;s First-Quarter Net Profit Rose 45% on Year"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230725-713011\" role=\"document\">\n<p>By Kosaku Narioka<\/p>\n<pre><\/pre>\n<p>SBI Life Insurance&#8217;s first-quarter net profit rose 45% from a year earlier thanks to higher premiums and investments incomes.<\/p>\n<p>The Indian insurer said after market closed Tuesday that net profit for the quarter ended June 30 rose to 3.81 billion Indian rupees ($46.5 million).<\/p>\n<div class=\"paywall\">\n<p>First-quarter net premium income increased 19% to INR131.04 billion and income from investments was INR145.79 billion, compared with a INR64.06 billion loss in the year earlier period.<\/p>\n<pre><\/pre>\n<p>Write to Kosaku Narioka at kosaku.narioka@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/sbi-life-insurance-s-first-quarter-net-profit-rose-45-on-year-325dc89a?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Kosaku Narioka SBI Life Insurance&#8217;s first-quarter net profit rose 45% from a year earlier thanks to higher premiums and investments incomes. The Indian insurer said after market closed Tuesday that net profit for the quarter ended June 30 rose to 3.81 billion Indian rupees ($46.5 million). First-quarter net premium income increased 19% to INR131.04 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-40840","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SBI Life Insurance&#039;s First-Quarter Net Profit Rose 45% on Year | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Kosaku Narioka SBI Life Insurance&#039;s first-quarter net profit rose 45% from a year earlier thanks to higher premiums and investments incomes. The Indian\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=40840\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBI Life Insurance&#039;s First-Quarter Net Profit Rose 45% on Year | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"By Kosaku Narioka SBI Life Insurance&#039;s first-quarter net profit rose 45% from a year earlier thanks to higher premiums and investments incomes. 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