{"id":131296,"date":"2022-07-19T08:40:35","date_gmt":"2022-07-19T12:40:35","guid":{"rendered":"https:\/\/44.250.171.167\/?p=131296"},"modified":"2022-10-06T04:36:47","modified_gmt":"2022-10-06T08:36:47","slug":"hdfc-life-q1-results-profit-soars-22-yoy-to-rs-329-cr","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/hdfc-life-q1-results-profit-soars-22-yoy-to-rs-329-cr\/","title":{"rendered":"HDFC Life Q1 Results: Profit soars 22% YoY to Rs 329 Cr"},"content":{"rendered":"\n<p>The insurer said its product mix remains balanced, with non-par savings at 35 per cent, participating products at 30 per cent, ULIPs at 25 per cent, individual protection at 5 per cent and annuity at 6 per cent, based on individual APE.<\/p>\n\n\n\n<p>HDFC Life is amongst the top two in terms of overall new business and individual new business segments in the private sector with market share at 19 per cent and 14.6 per cent, respectively. It is ranked number one within group new business segment in th&nbsp;..<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"973\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/82e7721b-1968-440b-9479-1e21372cd4cd-973x1024.png\" alt=\"\" class=\"wp-image-131297\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/82e7721b-1968-440b-9479-1e21372cd4cd-973x1024.png 973w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/82e7721b-1968-440b-9479-1e21372cd4cd-285x300.png 285w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/82e7721b-1968-440b-9479-1e21372cd4cd-768x809.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/82e7721b-1968-440b-9479-1e21372cd4cd-1459x1536.png 1459w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/82e7721b-1968-440b-9479-1e21372cd4cd-1945x2048.png 1945w\" sizes=\"auto, (max-width: 973px) 100vw, 973px\" \/><\/figure>\n\n\n\n<p>&#8220;The integration of Exide Life is on track. We have received the initial NCLT approval for triggering the merger process, including intimations to various regulatory authorities and related NOCs. Subsequent to receipt of the NOCs from various regulatory authorities, we can expect to receive the final NCLT approval. We expect to receive the final nod from IRDAI and be able to merge the subsidiary in the second half of FY23,&#8221;\u00a0said in a release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The insurer said its product mix remains balanced, with non-par savings at 35 per cent, participating products at 30 per cent, ULIPs at 25 per cent, individual protection at 5 per cent and annuity at 6 per cent, based on individual APE. HDFC Life is amongst the top two in terms of overall new business [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5],"tags":[10135,811],"class_list":["post-131296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-latest","tag-hdfc","tag-insurance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":135231,"url":"https:\/\/alphastreet.com\/india\/sbi-cards-q2fy23-results-out-net-profit-rises-by-52\/","url_meta":{"origin":131296,"position":0},"title":"SBI Cards Q2FY23 results out: Net profit rises by 52%","author":"Chirag Gupta","date":"October 27, 2022","format":false,"excerpt":"SBI Card and Payments Services reported a 52 per cent jump in net profit in second quarter of FY23 quarter to INR 526 crore, thanks to a spike in income and lower provisions. In the year-ago period, it had reported a net profit of INR 345 crore. Its total income\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":143066,"url":"https:\/\/alphastreet.com\/india\/lic-q3fy23-net-profit-rises-to-6334-crores\/","url_meta":{"origin":131296,"position":1},"title":"LIC Q3FY23 net profit rises to 6334 crores","author":"Chirag Gupta","date":"March 1, 2023","format":false,"excerpt":"State-owned Life Insurance Corporation (LIC) reported a manifold increase in its net profit in the December quarter (Q3) of financial year 2022-23 (FY23), aided by a transfer of INR 5,670 crore from non-participatory to shareholders\u2019 accounts. Its net profit in Q3 stood at INR 6,334.19 crore, compared with INR 234.91\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":139335,"url":"https:\/\/alphastreet.com\/india\/wipro-reported-14-rise-in-its-revenues-in-q3fy23-results\/","url_meta":{"origin":131296,"position":2},"title":"Wipro reported 14% rise in its revenues in Q3FY23 results","author":"Chirag Gupta","date":"January 26, 2023","format":false,"excerpt":"Wipro on Friday reported a 2.8 per cent year-on-year (YoY) rise in net profit at Rs 3,052.90 crore compared with Rs 2,969 crore in the same quarter last year. Revenue for the quarter came in at Rs 23,229 crore, up 14.35 per cent over Rs 20,313.60 crore in the same\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c3f816da-cae0-4c9a-a43e-244ad448cf91.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c3f816da-cae0-4c9a-a43e-244ad448cf91.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c3f816da-cae0-4c9a-a43e-244ad448cf91.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c3f816da-cae0-4c9a-a43e-244ad448cf91.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c3f816da-cae0-4c9a-a43e-244ad448cf91.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c3f816da-cae0-4c9a-a43e-244ad448cf91.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":131806,"url":"https:\/\/alphastreet.com\/india\/infographic-bajaj-finserv-q1-net-profit-soars-57-to-rs-1309-crores-while-the-revenue-rises-14\/","url_meta":{"origin":131296,"position":3},"title":"Infographic: Bajaj Finserv Q1 net profit soars 57% to Rs 1,309 Crores while the Revenue rises 14%","author":"Chirag Gupta","date":"July 29, 2022","format":false,"excerpt":"On Thursday Bajaj Finserv reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies. Earlier this year, the company had posted a net profit of Rs 833 crore. The consolidated total income during\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":132596,"url":"https:\/\/alphastreet.com\/india\/infographic-sbi-q1-net-profit-falls-by-6-7-on-standalone-basis-due-to-loss-in-treasury\/","url_meta":{"origin":131296,"position":4},"title":"Infographic: SBI Q1, Net profit falls by 6.7% on standalone basis due to loss in treasury","author":"Chirag Gupta","date":"August 8, 2022","format":false,"excerpt":"On Saturday State Bank of India reported a 1 per cent year-on-year (YoY) drop in net profit at Rs 7,325 crore compared with Rs 7,380 crore in the same quarter last year on a consolidated basis. Net interest income (NII) for the quarter rose 12.87 per cent YoY to Rs\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":131640,"url":"https:\/\/alphastreet.com\/india\/infographic-axis-banks-net-profit-surges-by-a-whopping-91-in-q1fy23\/","url_meta":{"origin":131296,"position":5},"title":"Infographic: Axis Bank&#8217;s Net Profit surges by a whopping 91% in Q1FY23","author":"Chirag Gupta","date":"July 25, 2022","format":false,"excerpt":"The net interest income (NII) grew 21 per cent to Rs 9,384 crore in June quarter, compared to Rs 7,760 crore during the same quarter last year. On a quarterly basis, this was a rise of 6 per cent, Axis Bank said in a regulatory filing on Monday. The net\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/131296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=131296"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/131296\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/49407"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=131296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=131296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=131296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}