HDFC Life Insurance Company consolidated net profit rises 58.65% in the March 2022 quarter

Sales rise 21.15% to Rs 15624.90 crore

Net profit of HDFC Life Insurance Company rose 58.65% to Rs 506.19 crore in the quarter ended March 2022 as against Rs 319.06 crore during the previous quarter ended March 2021. Sales rose 21.15% to Rs 15624.90 crore in the quarter ended March 2022 as against Rs 12897.01 crore during the previous quarter ended March 2021.

For the full year,net profit declined 2.49% to Rs 1326.93 crore in the year ended March 2022 as against Rs 1360.87 crore during the previous year ended March 2021. Sales rose 22.53% to Rs 46800.95 crore in the year ended March 2022 as against Rs 38194.20 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales15624.9012897.01 21 46800.9538194.20 23 OPM %1.621.44 -1.543.10 - PBDT627.70494.02 27 1487.251628.67 -9 PBT627.70494.02 27 1487.251628.67 -9 NP506.19319.06 59 1326.931360.87 -2

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