Archive · 24 Jul 2025
SBI Life Insurance Q1 Net Profit Up 14.4% to ₹594.37 Crore
SBI Life Insurance, a company that helps people with their money, made more money in the first few months of this year.
Their profits went up because more people paid their insurance bills.
They also saw growth in how many people kept their insurance policies going.
The company is doing well and is a leader in the market.
They are focused on offering insurance options that fit what customers want.
Despite industry challenges, they are maintaining growth.
SBI Life Insurance reported a 14.41% year-on-year increase in net profit, reaching ₹594.37 crore in Q1 FY26.
Renewal premium increased by 23.51% to ₹10,546.28 crore during the quarter.
Net premium income grew by 13.72% to ₹17,178.50 crore, with first-year premium up 12.49%.
The 13th-month persistency ratio rose to 87.12%, and the 61st-month persistency ratio reached 62.8%.
The company maintained its leadership in individual rated premium with ₹3,470 crore and a 22.3% private market share.
- Who
- SBI Life Insurance reported the financial results.
- What
- SBI Life Insurance's net profit increased by 14.41% in Q1 FY26.
- When
- Q1 FY26, which would be the first quarter of the fiscal year 2026.
- Where
- The financial results apply to SBI Life Insurance.
- Why
- The increase in net profit was due to a rise in renewal premiums and a focus on customer relationships.
- Net Profit (Q1 FY26)
- ₹594.37 crore
- Net Premium Income (Q1 FY26)
- ₹17,178.50 crore
- Renewal Premium Growth
- 23.51%
- First-year Premium Growth
- 12.49%
- 13th-month Persistency Ratio
- 87.12%
- 61st-month Persistency Ratio
- 62.8%
- Individual Rated Premium (Q1 FY26)
- ₹3,470 crore
- Private Market Share
- 22.3%