New India Assurance Company's Q3 FY 2025-26 Quarterly Results
- 31 Jan 2026
Result Summary
- New India Assurance Company Ltd reported a 8.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 14.2%.
- Its expenses for the quarter were down by 10.9% QoQ and up 11.6% YoY.
- The net profit increased 587.2% QoQ and increased 9.0% YoY.
- The earnings per share (EPS) of New India Assurance Company Ltd stood at 2.31 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 12234.97 | 13341.90 | 10711.80 | -8.3% | 14.2% |
Total Expenses | 11839.37 | 13294.97 | 10611.49 | -10.9% | 11.6% |
Profit Before Tax | 372.22 | 23.35 | 107.26 | 1494.1% | 247.0% |
Tax | -4.69 | 3.25 | -237.00 | -244.3% | -98.0% |
Profit After Tax | 380.00 | 55.30 | 348.51 | 587.2% | 9.0% |
Earnings Per Share | 2.31 | 0.33 | 2.12 | 600.0% | 9.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
New India Assurance Company Ltd is a prominent player in the insurance industry, primarily offering a wide range of insurance products and services. The company is known for providing general insurance solutions, which include health, motor, travel, and property insurance, among others. Founded in 1919 and headquartered in Mumbai, India, it has established a significant presence in both domestic and international markets. The company is a government-owned entity and is recognized as one of the largest general insurance companies in India. As of the latest updates, there is no specific recent development available within the provided data.
Revenue
For the third quarter of the fiscal year 2026 (Q3FY26), New India Assurance Company Ltd reported a total income of ₹12,234.97 crores. This represents a decrease of 8.3% compared to the previous quarter (Q2FY26), where the total income was ₹13,341.90 crores. However, when compared to the same quarter of the previous year (Q3FY25), there is an increase of 14.2% from ₹10,711.80 crores. This year-over-year improvement signifies a growing revenue base over the past year despite the recent quarter-over-quarter decline.
Profitability
The profit before tax for Q3FY26 was ₹372.22 crores, showing a substantial increase of 1,494.1% from the previous quarter (Q2FY26), which stood at ₹23.35 crores. Compared to the same quarter in the previous year (Q3FY25), where the profit before tax was ₹107.26 crores, there is an increase of 247.0%. The tax component for Q3FY26 was recorded as a negative value of ₹-4.69 crores, contrasting with a tax of ₹3.25 crores in Q2FY26 and ₹-237.00 crores in Q3FY25. The profit after tax for Q3FY26 amounted to ₹380.00 crores, demonstrating a significant growth of 587.2% from Q2FY26, and a 9.0% increase year-over-year from Q3FY25, where it was ₹348.51 crores. Earnings per share for this quarter were ₹2.31, which is a notable increase from ₹0.33 in Q2FY26 and slightly higher than ₹2.12 in Q3FY25, reflecting a 600.0% rise quarter-over-quarter and a 9.0% increase year-over-year.
Operating Metrics
The total expenses for New India Assurance Company Ltd in Q3FY26 were ₹11,839.37 crores, which is a decrease of 10.9% from the previous quarter's ₹13,294.97 crores. When compared to Q3FY25, where the total expenses were ₹10,611.49 crores, there is an increase of 11.6%. This change in expenses aligns with the company's revenue performance and has implications for its overall profitability. The financial data also reveals a significant reduction in tax liabilities for the quarter, impacting the net profit positively. The operating performance, in terms of both expenses and resultant profits, indicates a dynamic quarter for New India Assurance Company Ltd.