India's SBI Life Insurance Company posted a higher third-quarter profit on Friday, led by growth in renewed and new insurance policies.

The company’s net premium income for Q3 FY25 stood at Rs 24,827.5 crore, reporting an increase of 11 per cent from Rs 22,316.4 crore in the corresponding quarter in the year-ago period. Management expenses stood at Rs 2,

SBI Life Insurance Company reported a net profit of ₹550.82 crore for Q3FY25, marking a 71.2% increase from ₹321.75 crore year-on-year. Sequentially, the profit rose by 4% from ₹529.42 crore in the previous quarter.

Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment.The company's revenue rose 1.4 per cent to 132.

Reliance Industries reported a better-than-expected third-quarter profit on Thursday, helped by strong demand in its retail segment, and as higher telecom tariffs and a rise in 5G subscribers boosted the telecom unit.

Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit as retail business rebounded, telecom earnings surged on higher tariffs and mainstay oil and petrochemicals business delivered consistent performance.