New Delhi, Feb. 3 -- Shriram General Insurance Company (SGIC), jointly owned by Shriram Group and Sanlam Ltd, Africa and offering range of insurance products today announced 12 per cent jump year-on-year in Profit After Tax at Rs 131 crore in the third quarter (October-December) of current financial year, versus Rs 117 crore in the same quarter of last fiscal.
Driven by strong growth in motor premium, the company has reported a 25 per cent year-on-year increase in Gross Written Premium (GWP) for Q3 FY25, at Rs 1061 crore, up from Rs 850 crore in the same quarter last year, the company said in a regulatory filing with the stock exchanges.
Anil Aggarwal, MD & CEO of Shriram General Insurance Company, stated, "Our focused strategy in the mot...