Mumbai, July 15 -- The company's standalone net profit rose 27.84% year on year (YoY) to Rs 386.18 crore in Q1 FY27 from Rs 302.08 crore in the corresponding quarter last year.

During the quarter, profit before tax grew 24.92% YoY to Rs 431 crore, while net premium earned (gross premium less reinsurance premium) increased 14.65% to Rs 9,749 crore.

Total investment income rose 11.07% YoY to Rs 18,763 crore, driven by growth in both unit-linked and non-unit-linked investment income.

Claims and benefit payouts (net of reinsurance) decreased by 8.3% from Rs 9,762 crore in Q1-FY2026 to Rs 8,948 crore in Q1-FY2027 primarily on account of a decrease in surrenders/withdrawals claims, partly offset by an increase in maturity claims.

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