Total income jumped 17.88% year on year to Rs 5,351.95 crore in the quarter ended 30 June 2024.
Profit before tax stood at Rs 773.99 crore in the June quarter, up 48.84% from Rs 520.01 crore posted in Q1 FY24.
Gross direct premium income (GDPI) of the company was at Rs 7,688 crore in Q1 FY25, registering a growth of 20.37% YoY, which was higher than the industry growth of 13.3%.
Excluding crop and mass health, GDPI growth of the company was at 19.7%, which was higher than the industry growth of 14.8% in Q1 FY25.
Combined ratio stood at 102.3% in Q1 FY25 as against 103.8% reported in the same period a year ago.
Capital gains were at Rs 284 crore in Q1 FY25, steeply higher than Rs 123 crore posted in Q1 FY24.
Return on average equity (ROAE) was 19.1% in Q1 FY...
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