Mumbai, Feb. 8 -- Net premium fell 8.7% to Rs 1,06,891.48 crore in Q3 FY25 as compared with Rs 1,17,016.93 crore in Q3 FY24.

Profit before tax (PBT) increased 17.8% YoY to Rs 12,751.25 crore during the quarter.

On nine months basis, the company's standalone net profit increased 7.9% to Rs 29,138.38 crore in Q3 FY25 as compared with Rs 26,913.14 crore in 9M FY24. Net premium increased 5.51% YoY to Rs 3,40,562.61 crore in 9M FY25.

On an annualized premium equivalent (APE) basis, the total premium was Rs 37,975 crore for the nine months period ended December 31st, 2024. Of this 64.81% (Rs 24,612 crore) was accounted for by the Individual Business and 35.19% (Rs 13,363 crore) by the Group Business.

The value of new business (VNB) for the ...