Private life insurer HDFC Life has reported a 2.77 per cent rise in its profit before tax (PBT) at Rs 263.61 crore in the December quarter, as against Rs 256.48 crore in the same period last fiscal year. Its net profit on a standalone basis rose 1.88 per cent to Rs 250.24 crore in Q3, from Rs 245.63 crore in the year-ago period.
Net premium income saw a 13 per cent rise to Rs 7,854.30 crore in Q3 versus Rs 6,897.68 crore in the year-ago quarter. The first-year premium of the insurer rose 23 per cent to Rs 1,542.96 crore in