Archive · 24 Jul 2025
SBI Life Q1 Net Profit Rises 14.4% on Premium Growth
SBI Life Insurance made more money in the first three months of the year.
Their profits went up by 14.4%.
This was helped by people paying their insurance premiums on time, which increased by almost a quarter.
The company also saw more income from premiums overall.
They are doing well in the insurance market, with many customers sticking with them.
The boss of SBI Life said that they are focusing on what customers want and growing the business in a steady way.
SBI Life Insurance's net profit rose 14.4% to ₹594.37 crore in Q1 FY26.
Renewal premium increased by 23.5% year-over-year during the quarter.
Net premium income grew by 13.72% to ₹17,178.50 crore.
The company's 13th-month persistency ratio rose to 87.12% in Q1 FY26.
SBI Life maintained its leadership in individual rated premium at ₹3,470 crore.
- Who
- SBI Life Insurance
- What
- SBI Life Insurance reported a rise in net profit for Q1 FY26.
- When
- Q1 FY26
- Where
- India
- Why
- Due to increased renewal premiums and a focus on customer preferences.
- Net Profit (Q1 FY26)
- ₹594.37 crore
- Net Premium Income (Q1 FY26)
- ₹17,178.50 crore
- Renewal Premium Growth (YoY)
- 23.5%
- First-year Premium Growth
- 12.49%
- 13th-month Persistency
- 87.12%
- Solvency Ratio
- 1.96
- Individual Rated Premium
- ₹3,470 crore