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

Reliance Industries Reports Nearly Flat Q3 Profit At ₹18,645 Crore As Retail Weakness Offsets...
Reliance Industries Reports Nearly Flat Q3 Profit At ₹18,645 Crore As Retail Weakness Offsets...
GJC Seeks GST Cut, Tax Relief For Gems And Jewellery Sector In Pre-Budget 2026–27 Pitch
GJC Seeks GST Cut, Tax Relief For Gems And Jewellery Sector In Pre-Budget 2026–27 Pitch
Sensex, Nifty Close Week With Gains, IT Rally & Strong Bank Results Lift Markets
Sensex, Nifty Close Week With Gains, IT Rally & Strong Bank Results Lift Markets
National Startup Day Salutes India’s Risk-Takers, Piyush Goyal Endorses Aman Gupta’s Call For...
National Startup Day Salutes India’s Risk-Takers, Piyush Goyal Endorses Aman Gupta’s Call For...
Bank Of Maharashtra Q3 Profit Hits Record ₹1,779 Crore, Business Growth Beats Guidance
Bank Of Maharashtra Q3 Profit Hits Record ₹1,779 Crore, Business Growth Beats Guidance