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SBI Life posts Q4 profit beat on higher premiums
SBI Life Insurance Co Ltd on Wednesday reported a larger-than-expected 15.6% rise in quarterly profit, helped by higher income from premiums. SBI Life, one of India's largest life insurers, reported profit after tax of 7.77 billion rupees ($95.12 million)for the three months ended March 31, from 6.72 billion rupees a year before.
SBI Life Insurance Co Ltd on Wednesday reported a larger-than-expected 15.6% rise in quarterly profit, helped by higher income from premiums. SBI Life, one of India's largest life insurers, reported profit after tax of 7.77 billion rupees ($95.12 million)for the three months ended March 31, from 6.72 billion rupees a year before. 
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