Results - Announcements
HDFC Life Insurance Company Ltd share price inched up 1.32% to Rs 551.1 after the company's net profit fell 14.66% to Rs 521.6 crore, while revenue from operations increased sharply by 30.66% to Rs 21855.79 crore in Q3FY26 over Q2FY26.
The market capitalization of Life Insurance industry group stocks on BSE stood at Rs 9.94 lakh crore, retreating 10.16%. It has softened by 0.49% over last one week and fell by 8.71% in last one month while the market capitalization of HDFC Life Insurance Company Ltd has slipped by 0.70% and 2.20% in the same period respectively.
Profit before tax (PBT) of HDFC Life Insurance Company Ltd stood at Rs 578.66 crore in Q3 FY26, surging by 22.73% year-on-year, and dropping 14.54% quarter-on-quarter. EBITDA came in at Rs 85 crore, tumbling by 45.95% YoY and tanking 74.49% sequentially.
Total expenses plunged by 27.51% to Rs 24104.63 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 1042.92 crore, witnessing a strong rise of 13.12% YoY.
For the TTM ended FY26, revenue from operations rose 11.35% to Rs 77760.49 crore, while net profit saw a mild growth of 5.61% to Rs 1912.32 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 36202% to Rs 209.35 crore, and PBT soared 59.50% to Rs 2057.17 crore compared to previous TTM.
HDFC Life Insurance Company Ltd tumbled by 27.61% in last one year, underperforming the benchmark BSE Sensex which has slipped by 10.04% during the same period.