HDFC Standard Life Insurance Company standalone net profit rises 40.40% in the March 2018 quarter

Sales rise 23.98% to Rs 8900.02 crore

Net profit of HDFC Standard Life Insurance Company rose 40.40% to Rs 346.84 crore in the quarter ended March 2018 as against Rs 247.04 crore during the previous quarter ended March 2017. Sales rose 23.98% to Rs 8900.02 crore in the quarter ended March 2018 as against Rs 7178.40 crore during the previous quarter ended March 2017.

For the full year,net profit rose 24.31% to Rs 1109.00 crore in the year ended March 2018 as against Rs 892.13 crore during the previous year ended March 2017. Sales rose 21.25% to Rs 23370.97 crore in the year ended March 2018 as against Rs 19274.86 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales8900.027178.40 24 23370.9719274.86 21 OPM %1.883.00 -3.674.02 - PBDT338.95257.63 32 1126.74914.14 23 PBT338.95257.63 32 1126.74914.14 23 NP346.84247.04 40 1109.00892.13 24

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