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HDFC Life Insurance Company Ltd Q2FY24; 15% rise in Profits

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 Q2FY24 of ₹23,142.00 Crores up from ₹23,083.00 Crore year on year, a rise of 0.26%.
  • Total Expenses for Q2FY24 of ₹23,556.00 Crores up from ₹22,815.00 Crores year on year, a rise of 3.25%.
  • Consolidated Net Profit of ₹378.00 Crores up 14.89% from ₹329.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.76, up 15.03% from ₹1.53 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.

Tags: Insurance
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