HDFC Life Insurance announced its fourth quarter results for FY25 on April 17, showing a 16 percent increase in net profit. The company reported a net profit of Rs 477 crore, up from Rs 412 crore in the same quarter last year.
The company’s net premium income for the quarter stood at Rs 23,766 crore, which is 16 percent higher than the Rs 20,488 crore reported a year ago. Along with the results, HDFC Life declared a final dividend of Rs 2.1 per share for FY25.
Shares of HDFC Life closed at Rs 719 apiece on BSE on April 17, up by 0.4 percent.
The value of new business (VNB) grew by 11.5 percent year-on-year to Rs 1,376 crore during the quarter. Last year, it was Rs 1,234 crore. The solvency ratio, which shows the financial strength of the insurer, also improved to 194 percent from 187 percent a year earlier.
Vibha Padalkar, Managing Director and CEO of HDFC Life, shared that FY25 was a strong year for the company, with 18 percent growth in Individual APE. She mentioned that HDFC Life’s overall market share in the industry expanded by 70 basis points to 11.1 percent, and in the private sector to 15.7 percent. She also highlighted that all business channels showed double-digit growth and over 90 percent of service requests are now managed through digital platforms.
The record date for final dividend entitlement is set as Friday, June 20, 2025, and the payment will be made on or after July 21, 2025.
HDFC Life’s annualised premium equivalent (APE), which measures new business sales, rose 10 percent to Rs 5,186 crore, compared to Rs 4,727 crore in the previous year.
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Source: Moneycontrol.
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