Quarterly Result15 Jul 2026, 03:57 pm
HDFC Life Q1FY27: VNB grows 9% to ₹879 Cr, PAT up 12% to ₹611 Cr
AI Summary
HDFC Life Insurance Company Ltd reported its financial results for the quarter ended June 30, 2026. The company's Value of New Business (VNB) grew by 9% year-on-year to ₹879 crore, with a New Business Margin of 25.0%. Profit After Tax (PAT) increased by 12% to ₹611 crore. Assets Under Management (AUM) crossed ₹5.7 lakh crore. The company highlighted strong growth in its protection business, with retail protection growing 42%. Management expressed confidence in sustained long-term growth, driven by India's underpenetrated life insurance market and the company's focus on protection-led products and professional distribution.
Key Highlights
- VNB grew 9% to ₹879 crore, with a 25.0% new business margin.
- PAT rose 12% to ₹611 crore, with underlying PAT growth of 17% excluding GST.
- Assets Under Management surpassed ₹5.7 lakh crore.
- Retail protection business saw robust 42% growth.
- Company aims for VNB growth in line with APE growth for FY27.
Price Impact
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