New India Assurance Q4 profit up 61%, recommends ₹1.50 dividend

New India Assurance Q4 profit up 61%, recommends ₹1.50 dividend — The company reported a 61% year-on-year jump in net profit for Q4, driven by improved underwriting performance and lower claims ratio. It has recommended a dividend of ₹1.50 per share for the fiscal year. Analysts view the results as strong, reflecting operational efficiency and capital return to shareholders.

📊 STOCKS: NIACL | 🏢 SECTOR: Insurance | #HIGHIMPACT #Earnings