Moneycontrol PRO
HomeNewsBusinessSBI Life Insurance Q1 Net Profit seen up 3.1% YoY to Rs. 403.1 cr: ICICI Direct

SBI Life Insurance Q1 Net Profit seen up 3.1% YoY to Rs. 403.1 cr: ICICI Direct

Net Interest Income (NII) is expected to increase by 3.7 percent Y-o-Y (down 44.8 percent Q-o-Q) to Rs. 7,867.2 crore, according to ICICI Direct.

July 13, 2021 / 21:03 IST
SBI Life Insurance Company Ltd. | The stock has risen 11 percent from Rs 904.25 on December 31, 2020 to Rs 1000.50 on May 7, 2021. Market-cap jumped from Rs 90430 crore to Rs 100057 crore during the same time period.
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Banking & Financial Services sector. The brokerage house expects SBI Life Insurance to report net profit at Rs. 403.1 crore up 3.1% year-on-year (down 24.8% quarter-on-quarter).

    Net Interest Income (NII) is expected to increase by 3.7 percent Y-o-Y (down 44.8 percent Q-o-Q) to Rs. 7,867.2 crore, according to ICICI Direct.

    Pre Provision Profit (PPP) is likely to fall by 39.8% Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 367 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Broker Research
    first published: Jul 13, 2021 09:03 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347