PNB MetLife FY’14 profits up 78%

PNB MetLife FY’14 profits up 78%

FPJ BureauUpdated: Saturday, June 01, 2019, 12:50 PM IST
article-image

Mumbai :  Private sector player PNB MetLife India (PNB MetLife) reported a 78% growth in net profit at Rs 192 crore for 2013-14 on the back of operational efficiencies and higher sales from long-term regular premium products. This is the fourth consecutive year of the company, which is ranked amongst top 10 private players, declaring profits.

The adjusted new business premium stood at Rs 587 crore in 2013-14 compared to Rs 572 crore in 2012-13.

RECENT STORIES

Elon Musk Reaffirms Starlink’s Commitment To India As Company Officials Meet Union Minister...

Elon Musk Reaffirms Starlink’s Commitment To India As Company Officials Meet Union Minister...

Adani Electricity Wins All 15 ‘Gold’ Awards At QCFI’s 39th Annual Quality Convention

Adani Electricity Wins All 15 ‘Gold’ Awards At QCFI’s 39th Annual Quality Convention

Akasa Air Inducts 31st Boeing 737 MAX; To Receive Delivery Of 195 Aircraft Over Next 7 Years

Akasa Air Inducts 31st Boeing 737 MAX; To Receive Delivery Of 195 Aircraft Over Next 7 Years

Groww Parent’s Stock Falls 5 Per Cent As Lock-In Period Ends; 14.92 Crore Shares Hit Market

Groww Parent’s Stock Falls 5 Per Cent As Lock-In Period Ends; 14.92 Crore Shares Hit Market

Varun Beverages Stock Slumps 27.5 Per Cent In 2025, Breaking Investor Sentiment After 8-Year Rally

Varun Beverages Stock Slumps 27.5 Per Cent In 2025, Breaking Investor Sentiment After 8-Year Rally