SBI Life Insurance Q2 Results: Net profit grows 11% YoY to Rs 549 crore

SBI Life Insurance recorded an 11 percent increase in net profit for the second quarter. The net profit reached Rs 549 crore compared to Rs 495 crore last year. Additionally, the company’s net premium income grew by 8.17 percent to Rs 26,877 crore. This increase in profit and income highlights the company’s strong financial performance in the current fiscal year. Shares of SBI Life closed at Rs 1,634.