Mon, Jan 20, 2025 9:59 PM
ICICI Lombard Standalone December 2024 Net Sales at Rs 6,161.11 crore
A Flip by Shubhangi Gupta
Reported Standalone quarterly numbers for SBI Life Insurance Company are: Net Sales at Rs 18,861.98 crore in December 2024 down 51.68% from Rs. 39,032.55 crore in December 2023. Quarterly Net Profit at Rs. 550.82 crore in December 2024 up 71.2% from Rs. 321.75 crore in December 2023. EBITDA stands at Rs. 678.24 crore in December 2024 up 8.92% from Rs. 622.67 crore in December 2023.
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Reported Standalone quarterly numbers for Mangalam Industrial Finance are: Net Sales at Rs 0.94 crore in December 2024 up 8% from Rs. 0.87 crore in December 2023. Quarterly Net Profit at Rs. 0.43 crore in December 2024 up 200.35% from Rs. 0.14 crore in December 2023. EBITDA stands at Rs. 0.59 crore in December 2024 up 103.45% from Rs. 0.29 crore in December 2023.
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SEBI proposes broadening the definition of Not-for-Profit Organizations (NPOs) and expanding eligible activities to include welfare for disadvantaged groups, promoting arts and culture, and environmental stewardship, allowing NPOs to register on the Social Stock Exchange without fundraising for up to two years.
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