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HDFC Life Insurance Company Ltd Q4FY24; 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 Q4FY24 of ₹27,992.00 Crores up from ₹20,812.00 Crore year on year, a rise of 34.5%.

Total Expenses for Q4FY24 of ₹27,699.00 Crores up from ₹21,165.00 Crores year on year, a rise of 30.87%.

Consolidated Net Profit of ₹412.00 Crores up 14.76% from ₹359.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.91, up 14.37% from ₹1.67 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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