Q1 Results Updates: ICICI Lombard, HDFC Life Profit Rises; HDB Financial NII Up 18%
The notable names today include the newly listed HDB Financial Services, life insurance majors HDFC Life and ICICI Prudential Life, and AWL Agri Business.
KEY HIGHLIGHTS
Q1 Results: Key Highlights
As we wrap up the key earnings of the day, here are the companies that will be in focus on Wednesday:
HDB Financial Services
HDFC Life Insurance Co
ICICI Lombard General Insurance Co
ICICI Prudential Life Insurance Co
Himadri Specialty Chemicals
Just Dial
This live blog has ended.
Q1 Results Live: Just Dial Profit Rises 13%
Just Dial Q1 FY26 Key Highlights (YoY)
Revenue up 6.2% at Rs 297.80 crore versus Rs 280.50 crore.
Ebitda up 7% at Rs 86.40 crore versus Rs 80.60 crore.
Margin at 29% versus 28.7%.
Net Profit 13% at Rs 159.60 crore versus Rs 141.20 crore.
HDFC Life Q1 Results Live: Solvency Ratios
HDFC Life's solvency ratio increased to 192%, compared to 186% in the year-ago quarter.
The 13th month persistency ratio stood at 86%, whereas the 61st month persistency ratio improved to 64%.
Q1 Results Live: HDFC Life Expects Industry To Be Slow In First Half
Vibha Padalkar, MD and CEO:
Aggressive pricing has resulted in non-par share coming down.
Industry will be slow in the first half on strong base.
Expecting growth to pick up from second half onwards.
Margins will be range bound for this year.
In the next 3-5 years there is a scope of growth expansion.
Source: Earnings Con Call
Q1 Results Live: ICICI Lombard Net Premium Rises 14%
The net premium earned during the quarter under review climbed 14% to Rs 5,136 crore, compared to Rs 4,503.88 crore in the corresponding quarter of the previous fiscal.
The gross premium has risen by 1.5% to Rs 8,052.55 crore, as compared to Rs 7,931.05 crore in the year-ago period.
The underwriting loss stood at Rs 293.14 crore, narrower as compared to Rs 346.6 crore in the corresponding quarter of the past fiscal.
The combined ratio, which serves as a key metric to measure insurers' profitability and financial health, stood at 102.9%, higher by 60 basis points as compared to 102.3% in the year-ago period.
