New Delhi, Jun 30 (PTI) State-owned general insurer New India Assurance on Tuesday reported Rs 126.6 crore profit for the fourth quarter ended March 31.

The company had registered a net loss of Rs 270.54 crore in January-March period of 2018-19.

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Total income in the March quarter rose to Rs 7,040.23 crore from Rs 6,570.11 crore in the same period a year ago, the company said in a regulatory filing.

For the full fiscal, the insurer registered a net profit of Rs 1,417.75 crore in 2019-20 as against Rs 579.79 crore in the previous fiscal.

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Total income in 2019-20 to Rs 28,046.56 crore from Rs 25,272.38 crore.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)