The New India Assurance Company Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 98,859.4 million compared to INR 103,772.1 million a year ago. Net loss was INR 1,761.3 million compared to net income of INR 512.8 million a year ago. Basic loss per share from continuing operations was INR 1.07 compared to basic earnings per share from continuing operations of INR 0.31 a year ago.
For the six months, revenue was INR 192,181.7 million compared to INR 185,720 million a year ago. Net income was INR 841 million compared to INR 1,851.5 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to INR 1.12 a year ago.