Business

Profit And Net Premium Rises

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SBI Life Insurance Co.’s second-quarter profit rose supported by a growth in net premiums.The private insurer’s profit surged 53% year-on-year to Rs 377 crore in the quarter ended September, according to its exchange filing. Sequentially, the bottom line expanded 43%.The company earned a net premium of Rs 16,477 crore, a 12% increase over a year earlier.SBI Life Q2 FY23 Highlights (YoY)Revenue rose 8% to Rs 27,525 crore.Of the gross …



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