loading
loading
Net profit for the quarter ended September 2026 increased to ₹374 crore from ₹299 crore a year earlier. For the first half of FY27, profit rose 26.5% to ₹760 crore. Shares fell 2.65% on the BSE to ₹446 apiece even as the benchmark index rose 1.54%. Read more: Anand Rathi Share and Stock Brokers Q2 results: Profit jumps 50% YoY to Rs 42 crore, revenue rises 20% Annualised premium equivalent (APE), a measure of new business sales, grew 15.1% to ₹4,935 crore in the first half. Protection APE rose 39.5% to ₹1,155 crore, while annuity APE increased 50% to ₹324 crore. Savings APE grew at a slower 6.6% to ₹3,455 crore as the business mix moved towards protection and retirement products. Read more: Strong buzz! Reliance Jio said to see over $20 billion bids as investors line up for India's biggest IPO "The mix is geared more towards protection, and that is what is helping us deliver the margins at this point," management said during the earnings call. The stronger mix helped improve the value of new business (VNB), a measure of profitability from new policies, by 22.3% to ₹1,283 crore in the first half. The VNB margin expanded 150 basis points to 26%, indicating higher expected profitability from new business. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
document fetched 2026-10-14 03:04