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HDFC Life's Q4 net up 16%
Business Standard
|April 18, 2025
HDFC Life on Thursday reported a 16 per cent year-on-year (Y-o-Y) growth in its net profit at ₹476.54 crore in the fourth quarter of the financial year 2025 (Q4FY25), compared to ₹411.6 crore in the corresponding year ago period, supported by the back book.
"Growth in profit after tax was aided by almost 18 per cent growth in the back book, which means all the policies we sold before last year are likely generating profits now. So 18 per cent growth in back book offset by new business strain meant net growth of 15 per cent," said Vibha Padalkar, MD & CEO, HDFC Life Insurance.
Net profit of the company grew by 15 per cent Y-o-Y in FY25 to ₹1,802 crore.
This story is from the April 18, 2025 edition of Business Standard.
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