India's SBI Life posts quarterly profit rise on boost from renewed policies
24/07/2025 10:53
July 24 (Reuters) - India's SBI Life Insurance Company SBIL.NS posted a rise in first-quarter profit on Thursday, aided by healthy premium from policy renewals. The firm's profit rose 14% to 5.94 billion rupees ($68.75 million) for the quarter ended June 30 from 5.20 billion rupees a year earlier. ($1 = 86.3950 Indian rupees) (Reporting by Nishit Navin; Editing by Mrigank Dhaniwala) ((Nishit.Navin@thomsonreuters.com;))
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