New India Assurance reports Q1 loss, raises efficiency concerns
pre-market1 source ↓written by the desknot a recommendation
- YoY
- ₹16,061 cr
- 21.1%
- return
- 4.78%
New India Assurance reported a net loss of ₹24,265 cr for Q1 FY27, a stark decline from ₹16,061 cr YoY. With operating margin at 21.1%, the lowest in eight quarters, scrutiny on underwriting practices intensifies. The stock trades at ₹17,320, down ₹541 over the past year, underperforming the insurance sector's 4.78% return.
Not investment advice. For informational purposes only.