SBI Life Insurance Company Ltd., incorporated in 2000, is a large capitalization company (having a market capitalization of Rs 105449.87 Crore) operating in the financial services industry.
The main products/income segments of SBI Life Insurance Company Ltd. include the amount transferred from the policyholder’s account, interest, dividends and rents and profit/loss on sale/redemption of investments for the year ending March 31, 2021.
For the quarter ended 31-12-2021, the company reported total standalone revenue of Rs 391.52 Crore, up 4.01% from last quarter, total revenue of Rs 376.41 Crore and in up 61.95% from the same quarter last year, total revenue of Rs 241.76 Crore. The company reported a net profit after tax of Rs 364.06 Crore last quarter.
The stock hit lower lows over the past five weeks and broke through its support zones
The promoters held 55.69% of the company’s capital as of December 31, 2021, while the FIIs held 24.47% and the DIIs 12.01%.
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