HDFC Life Insurance Company Limited — Board Meeting, 15-01-2025: Outcome of Board Meeting
15-01-2025 | 03:59 pm
15-01-2025 | 03:59 pm
The Board has approved the un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. Key highlights include a gross premium income of ₹29,749.6 crore for the first-year premium and total net premium income of ₹16,831.8 crore. The company reported a surplus/deficit of ₹(189.61) crore, with profits after tax amounting to ₹414.94 crore. The financials also reflect a solvency ratio of 188% and a basic EPS of ₹1.93. The Board underscored prudent financial management amidst industry challenges.
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