HDFC Life Insurance Company Ltd.

BSE: 540777 | NSE: HDFCLIFE
Large Cap | Insurance
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HDFC Life Insurance Company reports 15% rise in Q2 consolidated net profit

Date: 14-10-2023

HDFC Life Insurance Company has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 15.49% rise in its net profit at Rs 376.77 crore for the quarter under review as compared to Rs 326.24 crore for the same quarter in the previous year. Net premium income of the company increased by 12.55% at Rs 14755.96 crore for Q2FY24 as compared Rs 13110.91 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 14.95% rise in its net profit at Rs 378.20 crore for the quarter ended September 30, 2023 as compared to Rs 329.02 crore for the same quarter in the previous year. Net premium income of the company increased by 12.63% at Rs 14797.21 crore for Q2FY24 as compared Rs 13137.89 crore for the corresponding quarter previous year.