UpdatesCompany Update
IIRM Holdings, a key player in insurance distribution, has presented its financial results for the quarter, showcasing continued growth.
IIRM Holdings India Ltd526530 · Filed with the exchange
The company's total premium surged 11% to INR 134 Crore from INR 120.6 Crore in the prior comparable period.
Revenue climbed 10% to INR 67.95 Crore from INR 65.73 Crore, primarily fueled by strong performance in Fire, Engineering, and Motor verticals, despite a dip in Reinsurance.
EBITDA saw a 2.5% increase, reaching INR 16.05 Crore.
The company's strategy involves targeted acquisitions in India and emerging markets and leveraging its InsureTech platform to drive future growth and expand its market leadership.
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