SBI Life Q4 FY25 Results: Gross premium income down 5%, profit steady—Both fall short of analysts' estimates

SBI Life Q4 FY25 Earnings: Mumbai-headquartered SBI Life Insurance Company, a life insurance firm, on Thursday reported a net profit of Rs 814 crore for the quarter ended March 31, marking a decline of 0.4 per cent compared with the corresponding period a year ago.

Its gross premium income, a measure of revenue for insurance businesses, came in at Rs 24,002 crore for the March quarter, marking a fall of 4.9 per cent on a year-on-year basis, according to a regulatory filing.

Both top-line and bottom-line fell short of analysts' expectations.

Add Zee Business as a Preferred Source

According to Zee Business research, SBI Life Insurance was estimated to register a net profit of Rs 860 crore with gross premium income of Rs 25,340 crore for the final three months of FY25.

The life insurance provider posted a net premium income of Rs 23,860.7 crore for the final quarter of FY25, as against Rs 25,116.5 crore a year ago.

SBI Life's solvency ratio, a key measure of an insurance company's ability to meet its long-term financial obligations, remained unchanged at 1.96 per cent for the quarter ended March 31, 2025, as the corresponding period a year ago, it noted.

A solvency ratio reflects how much capital an insurer has relative to the risks that it bears over the long term. The higher this ratio, the stronger the financial position.

SBI Life Insurance FY25 earnings

For the financial year ended March 31, SBI Life registered 27 per cent year-on-year growth in its net profit to Rs 2,410 crore, with a 7.0 per cent increase in the value of new business (VoNB) to Rs 5,950 crore.

Its VoNB margin for the financial year 2024-25 stood at 27.8 per cent, while its annualised premium equivalent (APE) grew 9.0 per cent to Rs 214.2 crore.

SBI Life Insurance Company share price news

Minutes after the earnings announcement, SBI Life Insurance shares—traded with the symbol SBILIFE on stock exchanges BSE and NSE—ended lower by Rs 4.1, or 0.3 per cent, at Rs 1,611.5 apiece on BSE.

Catch key stock market updates here. For all other news, visit Zeebiz.com.