May 11, 2018 / 11:48 AM / 14 days ago

BRIEF-New India Assurance Co March Qtr Profit Falls

May 11 (Reuters) - New India Assurance Company Ltd :

* MARCH QUARTER PROFIT AFTER TAX 3.36 BILLION RUPEES VERSUS PROFIT OF 5.53 BILLION RUPEES LAST YEAR

* MARCH QUARTER NET PREMIUM EARNED 52.15 BILLION RUPEES VERSUS 54.28 BILLION RUPEES LAST YEAR

* MARCH QUARTER COMBINED RATIO 112.23 PERCENT VERSUS 113.07 PERCENT LAST YEAR

* MARCH QUARTER RETURN ON EQUITY 8.79 PERCENT VERSUS 18.42 PERCENT LAST YEAR

* RECOMMENDED FINAL DIVIDEND OF 5 RUPEES PER SHARE

* APPROVED ISSUE OF BONUS SHARES IN RATIO OF 1:1 Source text: bit.ly/2jQIIWC Further company coverage:

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