Daily Mail India

New India Assurance Q4 results: Posts net profit at Rs 127 crore

New Delhi: State-owned basic insurer New India Assurance on Tuesday reported Rs 126.6 crore profit for the fourth quarter ended March 31.

The firm had registered a net lack of Rs 270.54 crore in January-March interval of 2018-19.

Total revenue within the March quarter rose to Rs 7,040.23 crore from Rs 6,570.11 crore in the identical interval a yr in the past, the corporate stated in a regulatory submitting.

For the total fiscal, the insurer registered a net profit of Rs 1,417.75 crore in 2019-20 as towards Rs 579.79 crore within the earlier fiscal.

Total revenue in 2019-20 to Rs 28,046.56 crore from Rs 25,272.38 crore.

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