India's SBI Life posts marginal profit drop on higher commissions, operating expenses
22/04/2026 11:10
April 22 (Reuters) - India's SBI Life Insurance SBIL.NS reported a 1% drop in fourth-quarter profit on Wednesday, hurt by higher commissions and a jump in operating expenses.
The insurer reported a net profit of 8.05 billion rupees ($85.85 million) for the three months ended March 31, down from 8.14 billion rupees a year earlier.
($1 = 93.7725 Indian rupees)
(Reporting by Nishit Navin in Bengaluru; Editing by Sonia Cheema)
((Nishit.Navin@thomsonreuters.com;))
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