Results     22-Jun-24
Announcements
PNB MetLife India Insurance Company standalone net profit rises 702.51% in the March 2024 quarter
Sales rise 11.50% to Rs 3235.12 crore
Net profit of PNB MetLife India Insurance Company rose 702.51% to Rs 143.89 crore in the quarter ended March 2024 as against Rs 17.93 crore during the previous quarter ended March 2023. Sales rose 11.50% to Rs 3235.12 crore in the quarter ended March 2024 as against Rs 2901.50 crore during the previous quarter ended March 2023.

For the full year,net profit rose 145.71% to Rs 275.66 crore in the year ended March 2024 as against Rs 112.19 crore during the previous year ended March 2023. Sales rose 11.70% to Rs 9309.02 crore in the year ended March 2024 as against Rs 8333.94 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales3235.122901.50 11 9309.028333.94 12
OPM %3.82-0.48 -2.530.50 -
PBDT171.7520.08 755 308.94131.87 134
PBT171.7520.08 755 308.94131.87 134
NP143.8917.93 703 275.66112.19 146

Previous News
  PNB MetLife India Insurance Company standalone net profit rises 294.07% in the March 2023 quarter
 ( Results - Announcements 08-May-23   07:34 )
  PNB MetLife India Insurance Company standalone net profit rises 702.51% in the March 2024 quarter
 ( Results - Announcements 22-Jun-24   07:34 )
  PNB MetLife Insurance launches PMLI Small Cap Fund in ULIP segment
 ( Insurance - 20-Feb-24   11:24 )
  PNB MetLife India Insurance Company standalone net profit declines 23.71% in the December 2023 quarter
 ( Results - Announcements 29-Jan-24   12:33 )
  PNB MetLife Insurance appoints Sameer Bansal as new MD & CEO
 ( Insurance - 06-Jun-24   14:42 )
  PNB MetLife has announced a bonus of Rs 594 crore to policyholders for FY22.
 ( Insurance - 14-Jul-22   22:25 )
  PNB MetLife Insurance announces Rs 532 crore bonus for policyholders in FY21
 ( Insurance - 16-Jul-21   17:30 )
  PNB MetLife Insurance launches its new ulip product ' PNB MetLife Goal Ensuring Multiplier'
 ( Insurance - 07-Sep-22   10:50 )
  PNB MetLife India Insurance Company standalone net profit rises 114.23% in the June 2023 quarter
 ( Results - Announcements 24-Jul-23   07:36 )
  PNB MetLife India Insurance Company Limited: [ICRA]AA+(Stable) assigned to subordinated programme
 ( Press Releases - 17-Dec-21   09:56 )
  MetLife to Increase stake in PNB Metlife with Punjab National Bank
 ( Insurance - 04-Oct-21   20:06 )
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