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Shriram Life Insurance Company Limited Financial Results 2021
The Shriram Life Insurance Company was founded with the objective of reaching out to the 'common man' with products and services that would be helpful to him as he sets out on the path to 'prosperity'.
Operational efficiency, integrity and a strong focus on catering to the needs of the average Indian , by offering him high quality and cost-effective products and services, are the core values that drive the organisation. These values have been strongly adhered to over the decades and are now an integral part of the organisation’s DNA.
Each product or service is tailor-made to specifically suit the needs of the customer. It is this guiding philosophy of putting people first that has brought the group company closer to the grassroots and has made it the preferred choice for all truck financing requirements amongst the customers.
Shriram Life Insurance Company Limited Financial Results 2021:
Gross Written Premium of the company has been increased from INR 1,729.1 Cr. in 2020 to INR 2018.5 Cr. in 2021, showcased a growth rate of 16.7%. Also, company's PBT has been increased at a growth rate of 323% from INR 26.3 Cr. in 2020 to INR 111.1 Cr. in 2021. PAT has been increased at a growth rate of 200.8%, from INR 35.3 Cr. in 2020 to INR 106.2 Cr. in 2021. Earnings per share has been increased at a growth rate of 200.8% by achieving INR 0.6 in 2021.