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HDFC Life Insurance Company Ltd Q3FY24; 16% 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.

Financial Results:

HDFC Life Insurance Company Ltd reported Revenues for Q3FY24 of ₹26,927.00 Crores up from ₹19,577.00 Crore year on year, a rise of 37.54%.

Total Expenses for Q3FY24 of ₹26,662.00 Crores up from ₹19,787.00 Crores year on year, a rise of 34.75%.

Consolidated Net Profit of ₹368.00 Crores up 16.46% from ₹316.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.71, up 16.33% from ₹1.47 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.

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