Shriram General Insurance sees 13% profit growth in FY 2025

For the full year, policy issuance rose 3%.

Shriram General Insurance Company (SGI) recorded a full-year (FY 2025) net profit stood at Rs. 515 crore, a 13% year-on-year (YoY) rise from Rs. 455 crore last year. 

For the full fiscal year, SGI reported  Gross Written Premium (GWP)  of Rs. 3,753 crore, a 24% YoY increase from Rs. 3,036 crore in FY24.

This significantly outpaced the general insurance industry’s overall growth rate of 6%.

For the full year, policy issuance rose 3% to 60.85 lakh, compared to 58.90 lakh in FY24.

The number of live policies grew to 65.17 lakh by the end of FY 2025, up from 62.59 lakh a year earlier.

During the quarter, SGI onboarded 5,479 new financial advisors, bringing its total advisor base to 89,621. The company aims to grow this number to 200,000 by FY30.