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Home STOCKS New India Assurance Q4 final results: Posts net profit at Rs 127...

New India Assurance Q4 final results: Posts net profit at Rs 127 crore

New Delhi: Condition-owned standard insurer New India Assurance on Tuesday claimed Rs 126.6 crore profit for the fourth quarter ended March 31.
The business had registered a internet loss of Rs 270.54 crore in January-March interval of 2018-19.
Full profits in the March quarter rose to Rs 7,040.23 crore from Rs 6,570.11 crore in the similar period a yr ago, the firm said in a regulatory filing.
For the complete fiscal, the insurer registered a net profit of Rs 1,417.75 crore in 2019-20 as from Rs 579.79 crore in the previous fiscal.
Whole revenue in 2019-20 to Rs 28,046.56 crore from Rs 25,272.38 crore.

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