Results     26-Apr-23
Announcements
HDFC Life Insurance Company consolidated net profit declines 28.49% in the March 2023 quarter
Sales rise 24.60% to Rs 19468.60 crore
Net profit of HDFC Life Insurance Company declined 28.49% to Rs 361.97 crore in the quarter ended March 2023 as against Rs 506.19 crore during the previous quarter ended March 2022. Sales rose 24.60% to Rs 19468.60 crore in the quarter ended March 2023 as against Rs 15624.90 crore during the previous quarter ended March 2022.

For the full year,net profit rose 3.12% to Rs 1368.28 crore in the year ended March 2023 as against Rs 1326.93 crore during the previous year ended March 2022. Sales rose 21.53% to Rs 56878.78 crore in the year ended March 2023 as against Rs 46800.95 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales19468.6015624.90 25 56878.7846800.95 22
OPM %-1.841.62 -0.011.54 -
PBDT524.58627.70 -16 1441.321487.25 -3
PBT524.58627.70 -16 1441.321487.25 -3
NP361.97506.19 -28 1368.281326.93 3

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