SBILIFE SBI Life Insurance Company Q2 FY26 results (Jul–Sep 2025) and concall
SBI Life reported a strong H1 FY26, marked by robust growth in new business premium, gross written premium, and Value of New Business, achieving a healthy VoNB margin of 27.8%. The company successfully navigated the initial impact of GST reforms through product mix adjustments and customer benefit pass-through. Management expressed confidence in continued growth in H2, driven by a strategic focus on protection-oriented solutions and a resurgence in key distribution channels, while maintaining strong solvency and a customer-first approach.
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What they filed
Q2 FY26: revenue down 42.6%, net profit down 6.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 40,302 | 18,862 | 23,071 | 38,996 | 23,115 −43% |
| EBITDA | 606 | 596 | -449 | 664 | 516 −15% |
| Net profit | 529 | 551 | 814 | 594 | 495 −6% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
