| Y/e 31 Mar( In .Cr) | Mar-2021 | Mar-2020 |
|---|---|---|
Profit before tax | 42.7 | 53.82 |
Depreciation | -10.83 | -9.89 |
Tax paid | -7.69 | -11.98 |
Working capital | 39.58 | |
Other operating items | ||
Operating | 63.75 | |
Capital expenditure | 3.95 | |
Free cash flow | 67.7 | |
Equity raised | 205.09 | |
Investing | 6.29 | |
Financing | 44.98 | |
Dividends paid | 0 | 0 |
Net in cash | 324.07 |
The transaction was finalised on August 26, 2024, through a share purchase agreement, subject to approval from IRDAI.
In FY24, Paramount TPA collected ₹3,866 Crore in premiums from the group and retail divisions, resulting in a revenue of ₹153 Crore.
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