NIACL Q4 FY25 Earnings Results Out: Q4 Net Profit Dips to ₹346.6 Crore

State-owned insurer NIACL has reported a small decline in net profit for the quarter ended March 31, 2025, even though it showed strong growth in operations and improved efficiency. At 9:29 AM, NIACL share price was down 0.83% and was trading at ₹179.80.  

What Does NIACL Q4 FY25 Earnings Results Tell? 

The company posted a net profit of ₹346.6 crore for Q4 FY25, a 2.1% drop from ₹353.9 crore in the same quarter last year. However, operating profit more than doubled to ₹516.8 crore, compared to ₹208.8 crore a year ago, reflecting better cost control and efficiency. 

What About Underwriting Losses and Premium Collections? 

The insurer managed to reduce its underwriting loss to ₹1,142.6 crore in Q4 from ₹1,682.6 crore last year. Its Gross Written Premium (GWP) grew by 8.1% year-on-year, reaching ₹11,432.6 crore, up from ₹10,571.9 crore. 

Other Indicators of Improvement in Operational Efficiency  

The company’s gross Non-Performing Assets (NPA) stood at just 0.23% in Q4, a sharp improvement from 0.72% in the previous quarter. The combined ratio, which measures claims and expenses as a percentage of premium, improved to 111.46% from 116.28%, showing better operational efficiency. 

Full-Year Highlights of NIACL Q4 FY25 Earnings Results 

For the full financial year, the company collected ₹43,618 crore in premiums, a 3.86% increase over the previous year. However, net profit fell 12.86% to ₹2,988 crore, compared to ₹3,429 crore in FY24, mainly due to provisions for old, unsettled balances. 

Still, New India Assurance remained India’s top general insurer, with a 12.6% market share. 

• Combined ratio improved to 117% from 120%. 

• Loss ratio slightly improved to 96.61%. 

• Solvency ratio strengthened to 1.91x, up from 1.81x last year. 

Market Reaction 

The results were announced after market hours. NIACL share price closed at ₹181.25, up 1.31% on the BSE on Monday.  

Conclusion 

While New India Assurance saw a dip in profits, it showed signs of strong operational recovery and better financial health. With improved asset quality and underwriting performance, the company is working towards long-term stability in a competitive insurance market. 
 
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