Mumbai, April 29 -- In the March quarter, standalone net premium income rose 13.21% YoY to Rs 3,060.66 crore, while sequential (QoQ) growth stood at 6.75%.

Profit before tax came in at Rs 38.61 crore, up 10.22% YoY and 25.19% QoQ. Profit after tax rose 8.23% YoY to Rs 34.73 crore, while jumping 25.61% sequentially.

That said, employee expenses surged 20.01% YoY and 30.60% QoQ to Rs 234.3 crore, suggesting continued investments in distribution and expansion.

For FY26, individual weighted premium income stood at Rs 2,593 crore, rising 19% YoY, outpacing both industry and private sector peers. Total APE grew 20% YoY to Rs 2,799 crore, while new business premium rose 25% to Rs 3,917 crore.

Total premium income climbed sharply to Rs 10,046...