HDFC Life Insurance Company Ltd.
-3.45 (-0.61%) HDFC Life Insurance Company reports 16% rise in Q3 consolidated net profit
Date: 12-01-2024HDFC 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.