📊 HDFC Life Q3: Premium Growth Strong, Margins Feel the Heat

As on 15 Jan 2025 markets remain closed due to the Brihanmumbai Municipal Corporation (BMC) elections,

’s Q3 performance offers key insights. Consolidated net profit dipped marginally by 0.8% YoY to ₹418 crore, while net premium income rose a healthy 9% to ₹18,351 crore. The solvency ratio improved to 180% QoQ, reflecting balance sheet strength. Annual Premium Equivalent (APE) grew 11% YoY to ₹3,974 crore, and Value of New Business (VNB) increased 3% to ₹930 crore. However, VNB margin compressed by 205 bps YoY and 10 bps QoQ to 24%. Technically, 726 remains a key support on the downside. 👉 How did HDFC Life stock react to these numbers on Friday? 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.