HDFC Life Insurance Company's Q3 FY 2025-26 Quarterly Results
- 4d ago
Result Summary
- HDFC Life Insurance Company Ltd reported a 42.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 71.4%.
- Its expenses for the quarter were up by 41.1% QoQ and 71.5% YoY.
- The net profit decreased 6.7% QoQ and decreased 0.7% YoY.
- The earnings per share (EPS) of HDFC Life Insurance Company Ltd stood at 1.94 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 29602.03 | 20807.50 | 17270.97 | 42.3% | 71.4% |
Total Expenses | 29303.23 | 20770.97 | 17090.44 | 41.1% | 71.5% |
Profit Before Tax | 292.04 | 84.05 | 127.00 | 247.5% | 130.0% |
Tax | 27.01 | 23.19 | -2.58 | 16.5% | -1146.9% |
Profit After Tax | 418.19 | 448.29 | 421.31 | -6.7% | -0.7% |
Earnings Per Share | 1.94 | 2.08 | 1.96 | -6.7% | -1.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
HDFC Life Insurance Company Ltd is one of the leading life insurance companies in India. The company offers a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings, Investment, and Health. HDFC Life is known for its innovative products and service excellence, with a strong digital presence and a wide distribution network across the country. The company is also focused on leveraging technology to enhance customer experience and improve operational efficiency. As of the latest, there are no major developments known beyond October 2023.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), HDFC Life Insurance reported a total income of ₹29,602.03 crores, which represents a substantial increase of 42.3% compared to the previous quarter (Q2FY26) and a 71.4% increase compared to the same quarter in the previous year (Q3FY25). This significant growth in revenue indicates a robust performance in the company's income generation capabilities. The revenue growth can be attributed to increased sales in their insurance products and possibly an enhancement in their service offerings. The company's ability to achieve such growth amidst competitive market conditions showcases its strong market position and effective business strategies.
Profitability
The profitability of HDFC Life Insurance in Q3FY26 shows a mixed performance. The Profit Before Tax (PBT) was ₹292.04 crores, marking an impressive increase of 247.5% from the previous quarter and 130.0% from the same quarter last year. However, the Profit After Tax (PAT) saw a slight decline, amounting to ₹418.19 crores, which is a decrease of 6.7% quarter-over-quarter and a marginal decline of 0.7% year-over-year. Despite the lower PAT, the company managed to improve its pre-tax earnings significantly, indicating effective cost management and operational efficiencies. The earnings per share (EPS) stood at ₹1.94, reflecting a decrease of 6.7% from the previous quarter and a 1.0% decline from the previous year.
Operating Metrics
The operating metrics for HDFC Life Insurance indicate a strong performance in managing its expenses and tax liabilities. Total expenses for Q3FY26 were ₹29,303.23 crores, which is a rise of 41.1% from Q2FY26 and a 71.5% increase from Q3FY25. This increase in expenses is consistent with the growth in total income, suggesting that the company is scaling its operations effectively. The tax paid during this quarter was ₹27.01 crores, which is 16.5% higher than the previous quarter and significantly higher compared to a negative tax figure in Q3FY25. The increase in tax indicates a normalization in the company's tax position compared to the previous financial year. These metrics reflect HDFC Life Insurance's strategic efforts to manage operational costs while navigating through tax adjustments.