SBI Life Insurance

SBI Life Insurance Co. Ltd. posted a robust 14% year-on-year increase in net profit for the first quarter of FY2025, reaching Rs. 590 crore. The performance was driven by strong premium growth, prudent expense management, and a steady improvement in key operational metrics. The company also reported a healthy rise in its Value of New Business (VNB) and maintained a stable persistency ratio, underscoring the strength of its distribution network and customer retention strategy.

SBI Life Insurance and Vidyaniti LLP have jointly acquired a 4.25 percent stake in the National Highways Infra Trust (NHIT) through a block deal worth approximately Rs 1,100 crore. SBI Life Insurance purchased 1.93 percent, while Vidyaniti LLP acquired 2.3 percent of NHIT units, bought at an average price of Rs 133.57 per unit. The transaction coincides with the National Highways Authority of India (NHAI) divesting an equivalent 4.25 percent stake in the InvIT.

SBI Life Insurance, one of India's premier life insurers, posted a marginal increase in quarterly profit for Q4 FY25, even as overall income and premium collections saw a decline. The company’s net profit rose slightly to Rs. 813.5 crore, reflecting operational stability despite muted revenue growth. For the full fiscal year 2024–25, SBI Life recorded a 27% rise in annual net profit, driven by disciplined cost management, expansion in the value of new business, and an increase in assets under management.