Results     08-May-23
Announcements
PNB MetLife India Insurance Company standalone net profit rises 294.07% in the March 2023 quarter
Sales rise 16.53% to Rs 2901.50 crore
Net profit of PNB MetLife India Insurance Company rose 294.07% to Rs 17.93 crore in the quarter ended March 2023 as against Rs 4.55 crore during the previous quarter ended March 2022. Sales rose 16.53% to Rs 2901.50 crore in the quarter ended March 2023 as against Rs 2489.84 crore during the previous quarter ended March 2022.

For the full year,net profit reported to Rs 112.19 crore in the year ended March 2023 as against net loss of Rs 71.04 crore during the previous year ended March 2022. Sales rose 19.73% to Rs 8333.94 crore in the year ended March 2023 as against Rs 6960.47 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales2901.502489.84 17 8333.946960.47 20
OPM %-0.48-1.21 -0.50-4.17 -
PBDT20.085.14 291 131.87-50.08 LP
PBT20.085.14 291 131.87-50.08 LP
NP17.934.55 294 112.19-71.04 LP

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