SBI Lifetime Coverage Firm Ltd., incorporated in the calendar year 2000, is a Substantial Cap organization (getting a current market cap of Rs 116413.12 Crore) working in Economic Providers sector.
SBI Life Insurance policy Enterprise Ltd. critical Solutions/Revenue Segments include Quantity transferred from Policyholder Account, Interest, Dividend & Rent and Income/Reduction on Sale/Redemption of Investments for the 12 months ending 31-Mar-2021.
For the quarter finished 31-03-2022, the company reported a Standalone Whole Profits of Rs 21666.15 Crore, up 4.76 % from final quarter Total Income of Rs 20681.58 Crore and up 2.56 % from last year similar quarter Total Money of Rs 21125.62 Crore. Company described net financial gain following tax of Rs 672.15 Crore in latest quarter.
SBI Lifetime sent a 3Y RWRP CAGR of 18.1% in YTDFY23, with a 14.6% CAGR for the personal sector and an 11.2% CAGR for the field. The consistent outperformance has assisted SBILIFE maximize its YTD RWRP market share to 15.% in YTDFY23 from 12.5% in YTDFY20. With all its distribution channels firing, SBILIFE is beautifully executing its rewarding expansion strategy.
Promoters held 55.48 for every cent stake in the corporation as of 31-Mar-2022, although FIIs owned 24.15 for every cent, DIIs 12.46 for each cent.
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