In Q1 2026, The New India Assurance Company Limited (NIACL.NS) reported a total revenue of ₹119,208 crores, an increase of 11.28% compared to the previous quarter and a year-on-year growth of 1.70%. The significant rise in revenue was primarily driven by robust growth in premium collections across its diverse product offerings. Gross profit margin remained high at 98.18%, although there was a slight decline year-on-year.
Net income for the quarter stood at ₹3,910.6 crores, reflecting a solid 13.42% increase from the prior quarter and a substantial 27.90% increase year-on-year. This indicates effective cost management strategies implemented by the company. Operations showed resilience with an operating income of ₹3,911.3 crores, a dramatic increase of 248.63% quarter-on-quarter, suggesting a rebound in operational efficiency post-challenges faced in earlier periods.