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HDFC Standard Life Insurance reports 20% rise in Q1 net profit

20 Jul 2018 Evaluate

HDFC Standard Life Insurance Company has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 20.17% in its net profit at Rs 380.18 crore for the quarter under review as compared to Rs 316.37 crore for the same quarter in the previous year. Total income of the company increased by 5.71% at Rs 6,857.46 crore for Q1FY19 as compared Rs 6,487.35 crore for the corresponding quarter previous year.

HDFC Life is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children's and Women's Plan.

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