Standalone well being insurer Niva Bupa Well being Insurance coverage Firm Ltd on Wednesday (Might 7) reported a 31.2% 12 months-on-12 months (YoY) soar in net profit at ₹206 crore for the fourth quarter that ended March 31, 2025, in contrast to ₹157 crore in Q4FY24.
The insurer reported an 18.2% YoY rise in gross premiums written for the fourth quarter of FY25, reaching ₹2,078.7 crore in contrast to ₹1,759.4 crore in the identical interval final 12 months. Net premium written elevated by 21% YoY to ₹1,672 crore from ₹1,381.9 crore.
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Nevertheless, underwriting profit declined 12.2% to ₹57.6 crore from ₹65.6 crore, whereas working profit dropped sharply by 43.1% to ₹94.9 crore from ₹166.8 crore a 12 months in the past. The corporate’s solvency ratio remained regular at 3.03% on a sequential foundation.
In February this 12 months, Niva Bupa Well being Insurance coverage Firm MD and CEO Krishnan Ramachandran stated the corporate goals to increase 8-10% sooner than the market over the following 5 years. He expects the sector to develop at a 15% compounded annual development fee (CAGR).
Ramachandran famous that the trade has an extended runway for development however requires steady funding. “It is a capital-intensive enterprise. So, it’s a query of what continued stage of investments we select to make in capitalising on the chance,” he defined.
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He additionally highlighted the corporate’s technique of balancing aggressive development with profitability. “We, as a administration workforce, positively need to develop considerably sooner than the market, however on the similar time, steadiness that with profitability,” he added.
The outcomes got here after the shut of the market hours. Shares of Niva Bupa Well being Insurance coverage Firm Ltd ended at ₹81.07, up by ₹0.22, or 0.27%, on the BSE.
(Edited by : Shoma Bhattacharjee)
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