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Shriram Life Insurance&#039;s net profit tripled to Rs 106 crore in FY21

Shriram Life Insurance Company Limited

Created at 21 May 2022 16:23

Shriram Life Insurance Company recorded a three-fold increase in earnings after tax for the fiscal year ending March 2021, to Rs 106 crore.
Shriram Life Insurance Company (SLIC) announced in a release that its profit after tax increased thrice to Rs 106 crore in FY20-21, owing to technology adoption and increased rural penetration as the company continues to serve society at large. In FY20, it had a profit of Rs 35 crore.
Even in these unusual times, the company was able to increase its gross premium by 23%, surpassing the Rs 2,000 crore mark, it said.

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