Reliance General Insurance a subsidiary of Reliance Capital recently acquired by IndusInd International Holdings Ltd (IIHL) posted a 12.5% rise in net profit which is around Rs 315 crore for the fiscal year ending March 2025. The companys Gross Direct Premium (GDP) grew by 7.4% to Rs 12548 crore surpassing the general insurance industrys growth rate of 5.2%.  Ambani had to sell it due to its debt.  Net worth of the company also witnessed 10.2 per cent improvement to Rs 3429 crore in FY25 Reliance General Insurance said in a statement. IIHL which acquired Reliance Capital through the insolvency process in March this year infused Rs 100 crore in May 2025 in the general insurance company reinforcing its financial strength and growth momentum. The company which faced strong headwinds being under the Insolvency and Bankruptcy Code (IBC) for nearly three years has been acquired by Hinduja-backed IIHL. To resurrect the position of the company the new promoter infused capital amounting to Rs 300 crore during the insolvency process. Commenting on the companys performance Reliance General Insurance CEO Rakesh Jain said the financial year 2024-25 marked a year of disciplined execution strategic investments and resilient growth even in a dynamic and challenging market environment. We remain steadfast in our commitment to protecting the aspirations of millions of Indians through innovative and trusted insurance solutions he said. The successful conclusion of the CIRP of Reliance Capital Limited in March 2025 has opened a transformative new chapter under the stewardship of IIHL he said. With IIHLs strong financial backing and proven expertise in financial services we are confident in our ability to accelerate our growth journey and lead the next wave of innovation in Indias general insurance sector he added.  (With Inputs From PTI)