SBI Life Strong Q2 Earnings: Amit Jhingran on Margins, GST Impact & Growth Outlook | Business News #ETNOW
SBI Life Strong Q2 Earnings: Amit Jhingran on Margins, GST Impact & Growth Outlook | Business News
SBI Life Strong Q2 Earnings: Amit Jhingran on Margins, GST Impact & Growth Outlook | Business News
SBI Life reported a strong Q2 with margins holding steady at 26–28%, even as GST and new business strain weighed on profitability. MD & CEO Amit Jhingran tells ET Now’s Ankur Mishra that while GST trimmed margins by ~1.4%, operating levers and product mix shifts toward non-linked, guaranteed-return, and protection products will offset much of the hit. The insurer expects 13–14% APE growth in FY26 and remains confident on its long-term goal of ‘insurance for all by 2047
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