| Y/e 31 Mar( In .Cr) | Mar-2021 | Mar-2020 |
|---|---|---|
Revenue | 54 | 61.88 |
yoy growth (%) | -12.72 | |
Raw materials | 0 | 0 |
As % of sales | 0 | 0 |
Employee costs | -25.34 | -15.2 |
As % of sales | 46.92 | 24.56 |
Other costs | -16.52 | -7.29 |
As % of sales (Other Cost) | 30.59 | 11.77 |
Operating profit | 12.14 | 39.39 |
OPM | 22.47 | 63.65 |
Depreciation | -10.83 | -9.89 |
Interest expense | -3.18 | -0.56 |
Other income | 44.59 | 24.88 |
Profit before tax | 42.7 | 53.82 |
Taxes | -7.69 | -11.98 |
Tax rate | -18.01 | -22.25 |
Minorities and other | 0 | -4.85 |
Adj. profit | 35.01 | 36.98 |
Exceptional items | 0 | 0 |
Net profit | 35.01 | 36.98 |
yoy growth (%) | -5.33 | |
NPM | 64.83 | 59.77 |
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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