United India Insurance has announced its fourth quarter financial results for the fiscal year 2009-10 and has managed to post a significant net profit and revenue. The firm has posted a net profit of Rs 707.09 crore for the quarter that ended in 31st March, 2010. This net profit figure was at Rs 476.05 crore for the same quarter in the preceding year.

That means the company has managed to post a mammoth 48.67% increase in its net profit as compared to the previous year. So far as the total income of the firm is concerned, it has touched Rs 5,239.05 crore for the fourth quarter. The net revenue figure of the company is reasonably good as well.

United India chairman and MD, G Srinivasan has informed that the company has managed to register a good net profit record for the second time in a row.

There is a hike in premium, net worth, investment income, PAT and market value of investments of the firm. Moreover the board has also decided to recommend a 95% dividend for its investors.