October 15, 2024
New Delhi, India
Q2 FY25
HDFC Life Insurance Company has reported a strong financial performance for the second quarter of FY25, with a net profit of ₹433 crore, a 15% year-on-year (YoY) growth from ₹377 crore in the same period last year. The company’s solid performance continued in the first half of FY25, with total net profit reaching ₹911 crore, reflecting a 15% increase compared to the previous year.
Key Financial Highlights:
- Q2 FY25 net profit: ₹433 crore (15% YoY growth).
- H1 FY25 net profit: ₹911 crore (15% YoY growth).
- Assets Under Management (AUM): ₹3.25 lakh crore as of September 30, 2024, a 23% YoY increase.
HDFC Life’s robust growth in both profitability and asset management is a positive indicator of the company’s strong position in the insurance sector, showcasing its ability to scale in a competitive market.
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