HDFC Life Insurance Company standalone net profit rises 12.45% in the March 2022 quarter

Sales rise 11.05% to Rs 14289.66 crore

Net profit of HDFC Life Insurance Company rose 12.45% to Rs 357.52 crore in the quarter ended March 2022 as against Rs 317.94 crore during the previous quarter ended March 2021. Sales rose 11.05% to Rs 14289.66 crore in the quarter ended March 2022 as against Rs 12868.01 crore during the previous quarter ended March 2021.

For the full year,net profit declined 11.21% to Rs 1207.69 crore in the year ended March 2022 as against Rs 1360.10 crore during the previous year ended March 2021. Sales rose 19.08% to Rs 45396.46 crore in the year ended March 2022 as against Rs 38122.30 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales14289.6612868.01 11 45396.4638122.30 19 OPM %0.761.44 -1.583.11 - PBDT476.42492.89 -3 1364.641627.88 -16 PBT476.42492.89 -3 1364.641627.88 -16 NP357.52317.94 12 1207.691360.10 -11

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