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

26 Apr 2022 , 06:01 PM

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.

Particulars Quarter Ended Year Ended
? Mar. 2022 Mar. 2021 % Var. Mar. 2022 Mar. 2021 % Var.
Sales 15624.90 12897.01 21 46800.95 38194.20 23
OPM % 1.62 1.44 1.54 3.10
PBDT 627.70 494.02 27 1487.25 1628.67 -9
PBT 627.70 494.02 27 1487.25 1628.67 -9
NP 506.19 319.06 59 1326.93 1360.87 -2

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