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Birla Sun Life Insurance declares strong numbers in H1

Birla Sun Life Insurance Company clocked a profit in the financial year first half. This comes with a sharp increase in the premium collections of linked individual pension plans and other linked individual life insurance plans.

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Last Updated - May 3, 2023
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Birla Sun Life Insurance Company clocked a profit in the financial year first half. This comes with a sharp increase in the premium collections of linked individual pension plans and other linked individual life insurance plans. Birla Sun Life has seen an increase in premiums collected across all its business lines which have seen the company report a profit after tax of Rs. 29.26 crores in the first half of this financial year.

A summary of the un-audited financial results of Birla Sun Life Insurance Company for the year ended 30th September 2010 is as follows:
Birla Sun Life Insurance Company recorded a Profit After Tax of Rs. 29.26 crores in the first half of this fiscal as compared to a loss of 238.36 crores in the same period last year.

The life insurance company seems to be well on its way to strong numbers this year as the second half of the year is where the real action happens with people increasing the purchase of life insurance plans for tax saving purposes.

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Deepak Yohannan is the Founder & CEO of MyInsuranceClub. He enjoys writing on Personal Finance and focusses on explaining the basic concepts of insurance in simple language.