HDFC Life Insurance Q4 Results: Profit Rises 15.8% To Rs 477 Crore

HDFC Life Insurance Co.'s standalone net profit rose 15.8% year-on-year in the January–March quarter, which was in line with analysts' estimates.

The insurer posted a bottomline of Rs 477 crore in the quarter ended March. 31, 2025. That compares with a consensus estimate of Rs 492 crore by analysts polled by Bloomberg. In the year-ago period, the company posted a net profit of Rs 412 crore.

The net premium income during the quarter under review climbed 16% year-on-year to Rs 23,766 crore, compared to Rs 20,488 crore in the corresponding quarter of the previous fiscal.

HDFC Life Q4 FY25 Highlights (Standalone, YoY)

• Net profit up 15.8% at Rs 477 crore (Bloomberg estimate: Rs 492 crore).

• Net premium income up 16% at Rs 23,766 crore.

• Annualised premium equivalent grew 10% to Rs 5,186 crore.

• Value of new business advanced by 12% to Rs 1,376 crore.

• VNB margins came in at 26.53%, up 43 basis points (QoQ).

HDFC Life's solvency ratio increased to 194%, compared to 187% in the year-ago quarter.

The 13th month persistency ratio stood flat at 87%, whereas the 61st month persistency ratio improved to 63% from 53% in the year-ago period. The improvement of 1000 basis points demonstrated the "company's deep customer engagement and effective retention initiatives", the insurer said in a release.

Shares of HDFC Life closed 0.57% higher at Rs 720.1 apiece on the BSE, compared to a 1.96% rise in the benchmark Sensex.