{"id":135036,"date":"2022-10-21T09:59:54","date_gmt":"2022-10-21T13:59:54","guid":{"rendered":"https:\/\/44.250.171.167\/?p=135036"},"modified":"2022-10-21T09:59:55","modified_gmt":"2022-10-21T13:59:55","slug":"hdfc-life-insurance-co-ltd-q2fy23-19-growth-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/hdfc-life-insurance-co-ltd-q2fy23-19-growth-in-profits\/","title":{"rendered":"HDFC Life Insurance Co. Ltd Q2FY23; 19% Growth in Profits"},"content":{"rendered":"\n

We continue to be excited about the growth prospects of the industry, on the back of renewed support and encouragement from the regulator. We are enthused by the regulator\u2019s vision of significantly improving the global ranking of Indian life insurance from its current no. 10 position to no. 6 and look forward to being a meaningful contributor in this journey.<\/p>Vibha Padalkar, MD and CEO on Q2FY23 Results<\/a><\/cite><\/blockquote>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n\n\n\n

HDFC Life Insurance Co. Ltd.<\/a>\u2019s net profit grew by 19% for the quarter ended September 30, 2022 from the corresponding quarter a year ago. The total income grew 12% YoY relative to the corresponding quarter a year ago.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

We continue to be excited about the growth prospects of the industry, on the back of renewed support and encouragement from the regulator. We are enthused by the regulator\u2019s vision of significantly improving the global ranking of Indian life insurance from its current no. 10 position to no. 6 and look forward to being a […]<\/p>\n","protected":false},"author":1885,"featured_media":135037,"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":[105,392,1,6350],"tags":[8233],"class_list":["post-135036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","category-trending-stocks","tag-insurance-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-HDFCLIFE.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":135219,"url":"https:\/\/alphastreet.com\/india\/the-story-behind-bajaj-finserv-q2fy23-results\/","url_meta":{"origin":135036,"position":0},"title":"The Story Behind Bajaj Finserv Q2FY23 Results","author":"Karan_Singh","date":"October 27, 2022","format":false,"excerpt":"Bajaj Finserv Ltd. serves as the financial services arm for the Bajaj Group. In the diversified financial services companies that come under Bajaj Finserv Ltd., the major ones are Bajaj Finance, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance. Majority of the profit for Bajaj Finserv Ltd. comes from\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-585522866.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-585522866.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-585522866.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":134861,"url":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-co-ltd-for-q2fy23-reports-a-32-growth-in-profits\/","url_meta":{"origin":135036,"position":1},"title":"ICICI Lombard General Insurance Co Ltd. for Q2FY23 reports a 32% growth in Profits","author":"Karan_Singh","date":"October 18, 2022","format":false,"excerpt":"Total Income for Q2 FY23 has increased by 18% YoY to \u20b9 4,49,903 lakhs. Profit After Tax rose by 32% YoY to \u20b9 59,053 lakhs. Income from Premiums grew by 18% YoY and Income from Investments grew by 15% YoY for Q2 FY 2023. Combined Ratio fell to 105.1% from\u2026","rel":"","context":"In "AlphaGraphs"","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\/2022\/10\/Q2FY23-ICICIGI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":135046,"url":"https:\/\/alphastreet.com\/india\/sbi-life-insurance-company-q2fy23-results-out-net-profit-rises-53\/","url_meta":{"origin":135036,"position":2},"title":"SBI Life Insurance Company Q2FY23 results out: Net Profit rises 53%","author":"Chirag Gupta","date":"October 21, 2022","format":false,"excerpt":"On Friday, SBI Life Insurance reported a 53 percent jump in its net profit for second-quarter, helped by a rise in premiums and as its value of new business grew. Insurance penetration has traditionally been low in India, but that is slowly changing, especially as more people rushed to buy\u2026","rel":"","context":"In "AlphaGraphs"","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":135099,"url":"https:\/\/alphastreet.com\/india\/bajaj-finserv-q2fy23-results-out-net-profit-soars-by-39\/","url_meta":{"origin":135036,"position":3},"title":"Bajaj Finserv Q2FY23 results out: Net profit soars by 39%","author":"Chirag Gupta","date":"October 25, 2022","format":false,"excerpt":"On Tuesday, Bajaj Finserv reported its earnings for the quarter ended September 2022. The net sales at INR 20,803.22 crore in September 2022, up by 15.52% from INR 18,008.22 crore in September 2021. The Quarterly Net Profit stood at INR 1,556.93 crore in September 2022, up by 38.75% from INR\u2026","rel":"","context":"In "AlphaGraphs"","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":135116,"url":"https:\/\/alphastreet.com\/india\/story-behind-sbi-life-insurance-co-q2fy23-results\/","url_meta":{"origin":135036,"position":4},"title":"Story Behind SBI Life Insurance Co. Q2FY23 Results","author":"Karan_Singh","date":"October 25, 2022","format":false,"excerpt":"\u201cWe have registered a 22 percent growth in annual premium equivalent (APE) YoY to Rs 6,830 crore, and 53 percent YoY increase in value of new business to Rs 2,120 crore with value of new business margin rising by more than 6 percentage points to 31% in half year ended\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-869375868.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-869375868.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-869375868.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-869375868.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":136387,"url":"https:\/\/alphastreet.com\/india\/muthoot-finance-q2fy23-results-out-net-profit-slumps-by-11\/","url_meta":{"origin":135036,"position":5},"title":"Muthoot Finance Q2FY23 results out: Net profit slumps by 11%","author":"Chirag Gupta","date":"November 10, 2022","format":false,"excerpt":"Muthoot Finance reported a net profit of INR 892 crore for the quarter ending September 30, 2022 (Q2FY23) period compared to a profit of INR 990 crore a year same quarter -- registering a decline of 11%. However, sequentially, the Q2 PAT climbed by 8.13% from INR 802 crore in\u2026","rel":"","context":"In "AlphaGraphs"","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\/135036","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\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=135036"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/135036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/135037"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=135036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=135036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=135036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}