HDFC Life Insurance Company Ltd.
-14.95 (-2.37%) HDFC Life Insurance reports 12% rise in Q1 consolidated net profit
Date: 24-07-2019HDFC Life Insurance has reported results for first quarter ended June 30, 2019.
The company has reported 11.69% rise in its net profit at Rs 424.62crore for the quarter under review as compared to Rs 380.17 crore for the same quarter in the previous year. Total income of the company increased by 24.46% at Rs 8534.77 crore for Q1FY20 as compared Rs 6857.46 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 11.84% in its net profit at Rs 425.71 crore for the quarter under review as compared to Rs 380.64 crore for the same quarter in the previous year. Total income of the company increased by 24.55% at Rs 8540.79 crore for Q1FY20 as compared Rs 6857.46 crore for the corresponding quarter previous year.