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GIC Re Q4 net profit falls by 17% to Rs 2,183 crore

Indian-GRAPEVINE-gic-re-q4-net-profit-falls-by-17-to-rs-2183-crore

Published 27 May, 2025

By Staff Reporter

GIC Re on Monday posted a 17 per cent decline in net profit to Rs 2,183 crore for the fourth quarter ended March 2025.

The state-owned reinsurance company had earned Rs 2,642 crore in the same quarter in the previous financial year.

During the quarter, the company collected a gross premium of Rs 10,367 crore against Rs 8,724 crore in the year-ago period, GIC Re said in a filing.



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