Royal Sundaram PAT at Rs 30.97 cr

Royal Sundaram Alliance Insurance Company on Wednesday said it has a topline growth of 13.62% with a gross written premium (GWP) of Rs 915.56 crore for the fiscal ended March 31, 2010, as against GWP of Rs 805.79 crore in the previous year. The company registered a profit before tax of Rs 34.01 crore while the profit after tax (PAT) stood at Rs 30.97 crore. The company s balance sheet and cash flows remain strong with the solvency margin at 1.64 well above the stipulated norms. In 2009-10, Royal Sundaram had expanded its business to over 180 cities/towns across the country. ...

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