Back
Results - Announcements
New India Assurance Company Ltd consolidated sales down 2.74% on year in Q2FY2026
15-Aug-2026, 03:48
New India Assurance Company Ltd share price declined by 0.80% to Rs 179.05 after the company's net profit plunged by 143.24% to Rs 243.94 crore, while revenue from operations softened by 2.74% to Rs 9747.28 crore in Q2FY26 over Q1FY26. The market capitalization of General Insurance industry group stocks on BSE stood at Rs 2.59 lakh crore, easing 4.56%. It has eased by 0.79% over last one week and edged lower by 5.02% in last one month while the market capitalization of New India Assurance Company Ltd has inched up 1.07% and 8.42% in the same period respectively. Profit before tax (PBT) of New India Assurance Company Ltd stood at Rs 178.69 crore in Q2 FY26, plunging by 145.69% year-on-year, and crashing by 140.05% quarter-on-quarter. EBITDA came in at Rs 232 crore, surging by 1749.56% YoY and nosediving by 43.18% sequentially. Total expenses slightly declined by 3.35% to Rs 12104.91 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 796.31 crore, tanking by 20.18% YoY. For the TTM ended FY26, revenue from operations tick up 8.82% to Rs 38672.13 crore, while net profit jumped 39.22% to Rs 1353.57 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 83624% to Rs 551.43 crore, and PBT soared 20.57% to Rs 1232.83 crore compared to previous TTM. New India Assurance Company Ltd slipped 3.06% in last one year, performing in line with the benchmark BSE Sensex which has softened by 3.21% during the same period.
New India Assurance Company Ltd share price declined by 0.80% to Rs 179.05 after the company's net profit plunged by 143.24% to Rs 243.94 crore, while revenue from operations softened by 2.74% to Rs 9747.28 crore in Q2FY26 over Q1FY26. The market capitalization of General Insurance industry group stocks on BSE stood at Rs 2.59 lakh crore, easing 4.56%. It has eased by 0.79% over last one week and edged lower by 5.02% in last one month while the market capitalization of New India Assurance Company Ltd has inched up 1.07% and 8.42% in the same period respectively. Profit before tax (PBT) of New India Assurance Company Ltd stood at Rs 178.69 crore in Q2 FY26, plunging by 145.69% year-on-year, and crashing by 140.05% quarter-on-quarter. EBITDA came in at Rs 232 crore, surging by 1749.56% YoY and nosediving by 43.18% sequentially. Total expenses slightly declined by 3.35% to Rs 12104.91 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 796.31 crore, tanking by 20.18% YoY. For the TTM ended FY26, revenue from operations tick up 8.82% to Rs 38672.13 crore, while net profit jumped 39.22% to Rs 1353.57 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 83624% to Rs 551.43 crore, and PBT soared 20.57% to Rs 1232.83 crore compared to previous TTM. New India Assurance Company Ltd slipped 3.06% in last one year, performing in line with the benchmark BSE Sensex which has softened by 3.21% during the same period.