Supra Pacific Financial Services Ltd Launches Corporate Agency Partnerships with Leading Insurance Companies

-

Supra Pacific Financial Services Limited (BSE: 540168)a BSE-listed NBFC has announced the formal launch of its Corporate Agency partnerships with three leading insurance providers:

ICICI Lombard General Insurance Company Limited, Care Health Insurance Limited and HDFC Life Insurance Company Limited.

Mr. Joby George, Chairman & Managing Director; Mr.

Abidh Abubakkar, Executive Director; Mr. Sandeep Babu, Director; Mr. Balakrishnan R,

Business Head; Mr. Raju R, General Manager-Strategy & Communication; and Mr. Deepak

Francis, Senior Vice President, along with other senior management members were present.

The event was also attended by Mr. Jaibin Lee James, Key Account Head, HDFC Life Insurance; Mr. Rahul

K.R., Deputy Vice President, ICICI Lombard General Insurance; and Mr. Athul Dev Devarajan, Key Account Head, Care Health Insurance.

This strategic initiative enables the Company to offer a comprehensive suite of life, health, and general insurance products to its clients, thereby Strengthening revenue diversification and operational efficiency, Enhancing cross-selling opportunities and customer loyalty,, Widening market presence and financial inclusion outreachand Driving sustainable long-term value for shareholders.

The partnerships are expected to significantly contribute to profitability and reinforce the

Company’s positioning as a one-stop financial services provider. The company has set ambitious revenue targets for its insurance sector business. For FY 2025-26, the business is

expected to generate revenues of ₹1.50 crores. This growth trajectory is projected to

accelerate significantly, with revenues estimated to reach ₹6.50 crores in FY 2026-27.

With India’s insurance sector poised for exponential growth, the Company’s entry into this

segment aligns with its strategy of expansion, customer-centricity, and value creation.

The Company has reported notable growth in revenue and net profit for Q1 FY 2025-26, and

expects the insurance vertical to further accelerate growth momentum, improve margins, and enhance stakeholder returns.

Comments

Post a Comment

Popular posts from this blog

Adv. Ashish Shelar unveils a series of sculpture at Bandra West

-
Image
by Samiksha  Mumbai, August 17, 2024: Adv. Ashish Shelar, President, MLA – Bandra West Vidhan Sabha and Mumbai BJP President unveiled a series of sculpture at Bandra West with Harsh Jagwani, Managing Director, Notandas Realty and Mahesh Notandas Jagwani, Chairman, Notandas Realty today at an event to support the beautification of infrastructure and roads in Bandra. The bustling suburb of Bandra received remarkable addition as #BandraWest is one of a prime suburb. The sculptures were designed by Artist Sangeeta Babani. The sculpture strategically positioned at the junction of Waterfield and Gurunanak Road is a testament to the growth and cultural richness of Bandra. Notandas Realty is at the forefront for ensuring dynamic developments in the suburb and neighborhood areas and their projects exuberates luxury elements for a vibrant livelihood. Notandas Realty have undertaken beautification projects in the past at Pali Hill, Bandra and plan to make more in the suburb. About Notandas Re...
Read more

MOS Utility Ltd. Reports Stellar Earnings for H1FY26, PAT Jumps 57% YoY

-
MOS Utility Ltd. (NSE: MOS), an Indian fintech innovator providing digital payments, utilities, and financial services through a modular technology platform, has announced stellar earnings for the quarter and half year ended 30 September 2025. For the half year ended 30 September 2025, the company reported revenue from operations at Rs. 137.02 Cr (H1FY26), growing 49% YoY from Rs. 91.90 Cr (H1FY25). EBITDA came in at Rs. 13.93 Cr (H1FY26), growing 63% YoY. PAT jumped 56.78% YoY and was reported at Rs. 7.83 Cr (H1FY26). Recently, the company collaborated with nStore to drive consumer lending accessibility. The strategic partnership between MOS Utility Limited and nStore marks a transformative step in India’s digital lending landscape. By integrating MOS’s extensive merchant network with nStore’s advanced digital lending infrastructure and ONDC capabilities, the collaboration will democratize credit access, particularly in semi-urban and rural areas. This initiative empowers consumers w...
Read more

Mohit Kamboj on Good Governance: A New Vision for Maharashtra’s Progress

-
Image
Mohit Kamboj is a visionary leader, entrepreneur, and philanthropist dedicated to progress, unity, and transformative change across India by Samiksha  In a landmark move reaffirming its commitment to inclusive and transparent governance, the Maharashtra Government, under the leadership of Chief Minister Devendra Fadnavis, has released the Good Governance Index, a comprehensive report evaluating the performance of districts and departments across the state. This announcement underlines the administration’s broader objective of enhancing the ease of living for every citizen and creating a more responsive and responsible public service framework. Governance, at its core, is defined as the process whereby elements in society wield power and authority, and influence and enact policies and decisions concerning public life, economic and social development. Good governance, therefore, is not merely an administrative ideal but the foundation of a stable, prosperous, and equitable society. W...
Read more