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

26 Apr 2022 , 04:45 PM

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.

Particulars Quarter Ended Year Ended
? Mar. 2022 Mar. 2021 % Var. Mar. 2022 Mar. 2021 % Var.
Sales 14289.66 12868.01 11 45396.46 38122.30 19
OPM % 0.76 1.44 1.58 3.11
PBDT 476.42 492.89 -3 1364.64 1627.88 -16
PBT 476.42 492.89 -3 1364.64 1627.88 -16
NP 357.52 317.94 12 1207.69 1360.10 -11

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