Nippon Life Q3 Results January 24, 2025: Profit up 3.9% with profit of €2953.6m on revenue of Rs5878.9m

Nippon Life Q3 Results January 24, 2025: Profit up 3.9% with profit of €2953.6m on revenue of Rs5878.9m

2025-01-24 10:50:00 :

Nippon Life Q3 Results 2025: Nippon Life announced their third quarter results on January 23, 2025, showing a strong performance with best-in-class growth of 38.88% and profit growth of 3.9%. The company’s profit is 295.36 crore while the revenue has reached 587.89 Crore.

Compared with the previous quarter, revenue increased by 2.9%, but profits fell by 17.98%. Despite this quarter-to-quarter fluctuation, year-over-year overall results reflect positive growth.

Selling, general and administrative expenses showed a slight decline in the quarter, but increased 21.77% year-on-year, indicating the need to closely manage operating costs.

Nippon Life’s operating income also improved, rising 3.02% in the quarter and 49.93% year-on-year, demonstrating the company’s ability to improve operating efficiency.

Q3 earnings per share (EPS) reported at 4.58, marking year-over-year growth of 2.23%, a positive indicator for shareholders.

Nippon Life has returned -4.59% over the past week, but has returned 2.37% over the past six months. The company returned -10.01% after all.

Currently, Nippon Life has a market capitalization of 414,591.2 million, 52-week high 816.25 and lows 430.

Of the 17 analysts covering Nippon Life as of January 24, 2025, ratings are mixed: 1 analyst has issued a sell rating, 3 have a hold rating, 8 have a buy rating, 5 analysts have assigned a Strong Buy rating.

As of January 24, 2025, the consensus recommendation is Buy, reflecting analyst optimism about the company’s future performance.

Stay updated with quarterly results via our results calendar

Disclaimer: This is an AI-generated live blog and has not been edited by Livemint staff.

Follow us On Social Media   Twitter/X

ALSO READ  Mumbai: Raymond inks joint agreement to develop housing project worth ₹5,000 crore in Wadala | Company Business News

Join WhatsApp

Join Now