HDFC Life Q1 2024 Earnings: Stay tuned for the live earnings call and real-time transcript

HDFC Life Insurance Company, which is in the life insurance business, will report first-quarter 2024 earnings today at 6:00 p.m. IST. The company will most likely provide business updates for the first quarter.

Listen to HDFC Life’s Q1 earnings call live and check real-time transcript

The annualized premium equivalent (APE) of HDFC Life Insurance Company is predicted to increase by 22.9% to ₹2,340 crore, according to research from Zee Business. While Kotak Institutional Equities anticipates a 50 basis point YoY increase in the margin to 27.3%.

HDFC Life Insurance reported strong financial performance in the fourth quarter. The company’s Net Profit was ₹361.97 crores, while Total Revenue increased to  ₹21,470.50 crores. It was driven by significant rise in the business and renewal premiums. The business premium increased by 8%, while the renewal premium increased by 21%.

Overall, HDFC Life’s financial performance was strong and in line with expectations during the quarter. The company’s strong financial performance reflects the strength of its brand and distribution network. HDFC Life is well-positioned to continue its growth in the coming quarters.