HDFC Life Q2 Results: Net profit rises 15% YoY to Rs 433 cr
HDFC Life posts Q2 profit increase, shares tumble on margin concerns
HDFC Life Insurance Company announced a nearly 15 per cent increase in second-quarter profit on Tuesday, yet a decline in key profit margins led to its largest share price drop in nearly a month. The insurer reported a profit of Rs 433 crore ($51.
HDFC Life Q2 Results: Net profit rises 15% YoY to Rs 433 cr; net premium income up 12%
Leading insurer HDFC Life reported a 15% increase in standalone net profit for the second quarter, reaching ₹433 crore, up from ₹377 crore in the same period last year.
HDFC Life Q2 Results: Net profit rises 15% YoY to ₹433 crore
For the first half of FY25, the company posted a 15% growth in net profit, reaching ₹911 crore. The assets under management (AUM) stood at ₹3.25 lakh crore as of September 30, 2024, reflecting a 23% increase year-on-year.
HDFC Life Q2 Results: Net Profit Surged 15% To Rs 433 Cr; Healthy Performance Across All Metrics
The consolidated and standalone financial results for the half-year that ended on September 30, 2024, were announced by HDFC Life today. For the current fiscal year, HDFC Life Insurance Co.s net profit for the July–September quarter was Rs 433 Cr,
HDFC Life Q2 results: Net profit rises 15%, new business premium up 14%
The company's net premium income grew by 12% year-on-year (YoY) to ₹16,570 crore during the July-September quarter.
HDFC Life Q2 net profit jumps 15% on-year; robust premium income helps insurer beat Street
Net profit beats analyst expectations as healthy growth in premium income, investment income helps the life insurer.
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