SBI Life Insurance has reported a stellar performance for the October-December quarter (Q3) of the financial year 2025, with a net profit of ₹550.82 crore. This marks an impressive 71% growth compared to ₹321.75 crore in the same quarter of the previous financial year.
The insurer’s net premium income also witnessed robust growth, climbing 11% year-on-year (YoY) to ₹24,828 crore in Q3 FY25, compared to ₹22,326 crore in the same period last year. Notably, the first-year premium surged by nearly 14% YoY to ₹1,446.76 crore, underscoring strong demand. SBI Life’s solvency ratio remained healthy at 2.04.
For the first nine months of FY25 (April–December), the company reported an annualized premium equivalent (APE) of ₹15,970 crore, an 11% rise from ₹14,390 crore in the corresponding period of FY24.
The Value of New Business (VoNB) for the same nine-month period stood at ₹4,290 crore, reflecting a 6% YoY growth. However, the VoNB margin dipped slightly to 26.9%, compared to 28.1% in the previous year.
Following the results announcement, SBI Life‘s shares rose nearly 2% on January 17, trading at ₹1,541 at the time of writing. The company’s strong performance underscores its continued momentum in the insurance sector.
