Moneycontrol
Last Updated : Jun 30, 2020 10:51 PM IST | Source: PTI

New India Assurance posts Q4 net profit at Rs 127 crore

Total income in the March quarter rose to Rs 7,040.23 crore from Rs 6,570.11 crore in the same period a year ago, the company said in a regulatory filing.

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State-owned general insurer New India Assurance on Tuesday reported Rs 126.6 crore profit for the fourth quarter ended March 31. The company had registered a net loss of Rs 270.54 crore in January-March period of 2018-19.

Total income in the March quarter rose to Rs 7,040.23 crore from Rs 6,570.11 crore in the same period a year ago, the company said in a regulatory filing.

For the full fiscal, the insurer registered a net profit of Rs 1,417.75 crore in 2019-20 as against Rs 579.79 crore in the previous fiscal.

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Total income in 2019-20 to Rs 28,046.56 crore from Rs 25,272.38 crore.
First Published on Jun 30, 2020 10:50 pm
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