Sanima Reliance Life Insurance’s Q2 Net Profit Surges 96.48%; Life Insurance Fund at Rs. 12.69 Cr

Sanima Reliance Life Insurance's Q2 Net Profit Surges 96.48%; Life Insurance Fund at Rs. 12.69 Cr 1

Sanima Reliance Life Insurance Limited (SRLI) has posted a significant 96.48% rise in its net profit for the current quarter, reaching Rs. 21.97 crore, compared to Rs. 11.18 crore in the same quarter last year.

SRLI’s paid-up capital stands at Rs. 4.18 Arba, with retained earnings of Rs. 92.15 Crores, Rs. 2.42 Crores in other equity, and Rs. 11.83 Crores in catastrophe reserves. The company holds a life insurance fund worth Rs. 12.69 Arba and has investments totaling Rs. 15.65 Arba.

 

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