HDFC Life Insurance reports Profit after tax of Rs 3260.90 Mln, in the September 2020 quarter
Date: 19-10-2020
The Sales for the quarter ended September 2020 of Rs. 100454.40 millions rose by 34.77% from Rs. 74536.80 millions.Net profit stood at Rs. 3260.90 millions compared to Rs. 3086.90 millions in the corresponding previous quarter,high by 5.64%.Operating profit for the quarter ended September 2020 decreased to 3262.10 millions as compared to 3267.70 millions of corresponding quarter ended September 2019.
| | Quarter ended | Year to Date | Year ended |
| | 202009 | 201909 | % Var | 202009 | 201909 | % Var | 202003 | 201903 | % Var |
| Sales | 100454.40 | 74536.80 | 34.77 | 157672.80 | 139048.40 | 13.39 | 322236.00 | 289240.10 | 11.41 |
| Other Income | 65064.10 | 13444.50 | 383.95 | 153899.60 | 35279.90 | 336.22 | -25058.00 | 99420.20 | -125.20 |
| PBIDT | 3262.10 | 3267.70 | -0.17 | 7774.10 | 7636.50 | 1.80 | 14607.70 | 15166.70 | -3.69 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PBDT | 3262.10 | 3267.70 | -0.17 | 7774.10 | 7636.50 | 1.80 | 14607.70 | 15166.70 | -3.69 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PBT | 3262.10 | 3267.70 | -0.17 | 7774.10 | 7636.50 | 1.80 | 14607.70 | 15166.70 | -3.69 |
| TAX | 1.20 | 180.80 | -99.34 | 2.30 | 303.40 | -99.24 | 1655.00 | 2398.80 | -31.01 |
| Deferred Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PAT | 3260.90 | 3086.90 | 5.64 | 7771.80 | 7333.10 | 5.98 | 12952.70 | 12767.90 | 1.45 |
| Equity | 20194.60 | 20176.70 | 0.09 | 20194.60 | 20176.70 | 0.09 | 20188.00 | 20173.80 | 0.07 |
| PBIDTM(%) | 3.25 | 4.38 | -25.93 | 4.93 | 5.49 | -10.22 | 4.53 | 5.24 | -13.55 |