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HDFC Life Insurance Company reports 16% rise in Q3 consolidated net profit

12 Jan 2024 Evaluate

HDFC Life Insurance Company has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 15.81% rise in its net profit at Rs 365.06 crore for the quarter ended December 31, 2023 as compared to Rs 315.22 crore for the same quarter in the previous year. Net premium income of the company increased by 5.95% at Rs 15,235.33 crore for Q3FY24 as compared Rs 14,379.38 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 16.34% rise in net profit at Rs 367.54 crore for Q3FY24 as compared to Rs  315.92 crore for the same quarter in the previous year. Net premium income of the company increased by 6.05% at Rs 15,273.25 crore for Q3FY24 as compared Rs 14,402.22 crore for the corresponding quarter previous year.

HDFC Life Insurance Share Price

616.60 -14.95 (-2.37%)
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