Niva Bupa Q2 YoY profit after tax soars 124%

Mumbai: Niva Bupa Health Insurance on Wednesday reported a 124% YoY increase in profit after tax (PAT) to ₹136 crore in the second quarter of FY27, driven by strong growth in its retail health insurance business.

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During the same period of the previous year, the company had reported net profit of ₹60 crore. Gross written premium rose 35% to ₹2,484 crore during the quarter, while retail health premium grew 47% to ₹1,876 crore, the company said.


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Combined insurance service ratio, which is calculated by the sum of insurance service expenses, net expenses from reinsurance contract & other operating expenses divided by insurance revenue stood at 99.5%. Expense ratio was at 36.4% at the end of the first half down from 37.2% in H1 of the previous year.