What was SBI Life's net profit in Q3 FY26?

SBI Life's standalone net profit in Q3 FY26 was Rs 576.74 crore, a 4.70% increase from the previous year.

How much did SBI Life's net premium income grow in Q3 FY26?

SBI Life's net premium income grew by 21.82% to Rs 30,245.32 crore in Q3 FY26.

What are the key growth drivers for SBI Life's performance?

Key growth drivers include improved industry momentum, a shift towards higher sum assured products, increased individual policy sales, and strong performance in the protection segment.

Home / Business and Economy / SBI Life Sees Profit Climb Amidst Rising Premiums

SBI Life Sees Profit Climb Amidst Rising Premiums

28 Jan

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Summary

SBI Life's Q3 FY26 net profit increased by 4.70% to Rs 576.74 crore.
Net premium income surged by 21.82% to Rs 30,245.32 crore in Q3 FY26.
Assets under management grew 16% YoY to Rs 5,11,710 crore in 9M FY26.

SBI Life Sees Profit Climb Amidst Rising Premiums

SBI Life Insurance Company announced a 4.70% increase in its standalone net profit for the third quarter of fiscal year 2026, reaching Rs 576.74 crore compared to Rs 550.82 crore in the previous year. The company's net premium income saw a substantial rise of 21.82%, amounting to Rs 30,245.32 crore in Q3 FY26.

For the nine-month period of FY26, SBI Life's standalone net profit grew by 4.11% year-on-year to Rs 1,665.66 crore, with net premium income increasing by 24.14% to Rs 14,578.16 crore. Gross Written Premium (GWP) for 9M FY26 stood at Rs 73,350 crore, a 20.28% increase from the prior year.

The Value of New Business (VoNB) improved by 17% to Rs 5,040 crore in 9M FY26, and the New Business Margin expanded to 27.2%. Assets under Management (AuM) rose by 16% year-on-year to Rs 5,11,710 crore, while the company maintained its leadership in Individual Rated Premium with a 25.6% private market share.