New India Assurance Q1 FY26 – Profitability Surges Despite EBIDT Drop…

New India Assurance delivered an impressive Q1 FY26, driven by improved operational efficiency and strong bottom-line performance. Sales rose 12% YoY to ₹11,719 crore, showing steady business momentum. Despite a 30% YoY drop in EBIDT to ₹189 crore, the company reported a significant 67% surge in net profit, reaching ₹402 crore, up from ₹243 crore last year. The EPS jumped 68% YoY to ₹2.43, reflecting stronger earnings per share. With the stock trading at ₹189, a market cap of ₹31,213 crore, and a PE of 26.2, the company appears to be balancing growth and profitability well, even amid margin pressure.