SBI Life reports 14% YoY rise in Q1 profit to ₹5.94 billion, driven by strong policy renewal premium growth.

• Net premium income grew 14%, supported by a 24% jump in renewal premiums despite weak market-linked policy demand.
• Equity market volatility impacted new policy demand, but stable renewals helped offset the slowdown.
• Strong renewal momentum highlights customer retention and core business strength in a challenging market environment.