Mumbai, Oct. 15 -- Total income rose 12.5% YoY to Rs 6,582.67 crore, while profit before tax increased 17.2% to Rs 1,077.27 crore from Rs 919.01 crore a year ago. Gross premium income stood at Rs 7,058.66 crore, up 1.6% YoY.
Gross Direct Premium Income (GDPI) was Rs 6,596 crore, down 1.86% YoY against industry growth of 5.9%; excluding crop and mass health, GDPI grew 3.5% vs industry growth of 9.8%. The combined ratio rose slightly to 105.1% from 104.5% last year. Capital gains were Rs 236 crore, marginally lower than Rs 237 crore in Q2 FY25.
The company reported a return on average equity (ROAE) of 21.4% and a solvency ratio of 2.73x, above the regulatory minimum of 1.5x as of 30 September 2025.
Along with its earnings, the company has ...