HDFC Life Q3 results FY25 declared a 15% year-on-year increase in net profit to ₹421.31 crores from ₹367.54 crores made in the Q3 of FY24. On the HDFC Life results date which was January 15, 2025, the HDFC Life share price closed at ₹594.20. On January 16, 2025, HDFC Life share price opened with a rise at ₹630.10. So, let’s get into the details of HDFC Life Insurance Company quarterly results and nine-months results.
HDFC Life Q3 Results FY25: Key Highlights
- Profit before tax stood at ₹444.82 crores in the December 2024 quarter, registering a growth of 21.26% on a YoY basis.
- Net Premium Income grew by 10% YoY at ₹16,832 crores in the Q3 of the financial year 2024-25.
- Delivered strong individual APE growth of 24%, supported by a 15% increase in number of policies sold and a balanced product mix.
- Overall market share (individual WRP) increased by 70 bps to 10.8%. The private sector market share stood at 15.3%.
- As per the HDFC Life Q3 results FY25, Embedded Value (EV) grew by 18% and stood at ₹53,246 crores, with a 16% operating return on EV, showcasing sustained long-term value creation for both policyholders and shareholders.
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HDFC Life Q3 Results: Nine-Months Findings
The summary of HDFC Life Q3 results highlights the growth in AUM and value of new business (VNB):
Particulars | 9M FY25 | 9M FY24 | YoY Change |
---|---|---|---|
Assets Under Management (in ₹ crores) | 3,28,684 | 2,79,707 | 17.51% |
Value of New Business (in ₹ crores) | 2,586 | 2,267 | 14.07% |
New Business Margins | 25.1% | 26.5% | -1.40% |
Solvency Ratio | 188% | 190% | -2.00% |
HDFC Life Q3 Results FY25: Management Commentary
Commenting on results, Ms. Vibha Padalkar, MD & CEO of HDFC Life Insurance Company said “We have registered a healthy growth of 22%, based on individual WRP for 9MFY25, outpacing overall industry growth of 14%. We have witnessed both ticket size and volume expansion during this period. The number of policies has grown by 15%, outperforming the private sector’s growth of 9%. Retail protection continues to grow well. Retail protection APE for nine months saw a growth of 28%. We are committed to adapting to the evolving market landscape with agility and resilience. This includes continued investment in distribution, tech and customer-centric product innovations to deliver long-term value for our stakeholders.”
Highlighting the HDFC Life share price performance, it has generated a positive return of around 7% in the last 1 week (as on January 16, 2025). Keep exploring stocks and open demat account with SMC Global Securities. Stay tuned for the upcoming Nifty 50 companies quarterly results.
References:
SMC Global Securities Research Team
Author: All Content is verified by SMC Global Securities.
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