HDFC Life Insurance Company is engaged in carrying on the business of life insurance. The Company offers a range of individual and group insurance solutions. The portfolio comprises of various insurance and investment products such as Protection, Pension, Savings (Source : 202003 Annual Report Page No: 175)
Financial Results:
- HDFC Life Insurance Company Ltd reported Revenues for Q1FY24 of ₹23,371.00 Crores up from ₹6,690.00 Crore year on year, a rise of 249.34%.
- Total Expenses for Q1FY24 of ₹23,045.00 Crores up from ₹6,386.00 Crores year on year, a rise of 260.87%.
- Consolidated Net Profit of ₹417.00 Crores up 15.51% from ₹361.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.94, up 13.45% from ₹1.71 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.