HDFC Life This autumn Outcomes: HDFC Financial institution to extend stake within the firm as revenue rises 4% YoY
HDFC Life reported a 4% year-on-year (YoY) enhance in revenue after tax to Rs 496 crore for the March quarter. Web premium revenue rose 9% YoY to Rs 25,829 crore, indicating regular traction in core enterprise regardless of a difficult working setting.
The board beneficial a closing dividend of Rs 2.1 per share for FY26, topic to shareholder approval. The document date is June 19, with cost anticipated on or after July 20.
The insurer reported 8% development in new enterprise (APE) for FY26, translating right into a two-year CAGR of 12%. Retail safety continued to be a key development driver, rising 46% in This autumn and 43% for the total yr, with its share within the enterprise combine increasing.
Additionally learn: Wipro This autumn Outcomes: Revenue slips 2% YoY to Rs 3,502 crore, however income rises 8%
The corporate maintained an total trade market share of 11%, whereas retail sum assured grew 28% year-on-year, reinforcing concentrate on higher-quality enterprise.
Worth of recent enterprise stood at Rs 4,034 crore for FY26, with margins at 24.2%, whereas embedded worth rose to Rs 62,139 crore. Property beneath administration, together with pension property, stood at Rs 5.3 trillion, reflecting scale and regular inflows.Annual revenue grew 6% to Rs 1,910 crore, though underlying development was greater after adjusting for one-offs.
The solvency ratio remained snug at 177%, with the proposed capital infusion from HDFC Financial institution anticipated to additional strengthen the steadiness sheet.
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