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Higher cost of lead compounds growth challenges for battery makers

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Exide Life targets 30 pc growth in new biz premium this fiscal; to focus on protection, rides plans

›Exide Life targets 30 pc growth in new biz premium this fiscal; to focus on protection, rider plans Exide Life targets 30 pc growth in new biz premium this fiscal; to focus on protection, rider plans SECTIONS Exide Life targets 30 pc growth in new biz premium this fiscal; to focus on protection, rider plansPTI Last Updated: May 23, 2021, 05:05 PM IST Share Synopsis Last year when the pandemic hit and afterwards people got used to dealing with the new normal, we found that we had an improvement in customers paying their renewal premium. We had improvement in persistency figure as well, Exide Life Insurance MD and CEO Kshitij Jain told PTI in an interaction.

Exide Life Insurance targets over 30% jump in new business premium in FY22

Exide Life Insurance targets over 30% jump in new business premium in FY22
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HPCL, ZEE, Havells India, Mindtree to be watched

On a consolidated basis, HPCL reported a net profit to Rs 3,060.70 crore in Q4 FY21 compared with a net loss of Rs 27.63 crore in Q4 FY20. Net sales increased by 13.09% year-on-year (YoY) to Rs 74,605.76 crore during the quarter. On a consolidated basis, Zee Entertainment Enterprises (ZEE) reported net profit of Rs 275.80 crore in Q4 FY21 compared with net loss of Rs 766.70 crore in Q4 FY20. Operating revenue grew 0.8% to Rs 1965.8 crore in Q4 FY21 over Q4 FY20. Advertising revenue grew 8.09% year-on-year (YoY) to Rs 1122.96 crore driven by the continued recovery in macro advertising environment. Havells India reported 70.95% rise in consolidated net profit to Rs 303.83 crore on 50.83% increase in total income to Rs 3,375.87 crore in Q4 FY21 over Q4 FY20.

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