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HDFC Life Q4 Results: Cons PAT rises 15% YoY to Rs 475 crore, revenue jumps 16%

Business News - April 17, 2025 - 3:54pm
HDFC Life Insurance Company on Thursday reported a 15% year-on-year (YoY) rise in its Q4FY25 net profit to Rs 475 crore, compared to Rs 411 crore in the year-ago period. Net premium income for the quarter ended March stood at Rs 23,842 crore, up 16% YoY from Rs 20,533 crore in the corresponding quarter of the previous financial year.The company's board also recommended a final dividend of Rs 2.10 per equity share for the financial year 2024–25.The company attributed its topline growth to strong individual APE growth of 18%, supported by an increase in both the number of policies sold and average ticket size, along with a balanced product mix.HDFC Life's Assets Under Management (AUM) stood at Rs 3,36,282 crore as of March 31, 2025, reflecting a 15% year-on-year increase.Market ShareThe company’s overall market share (individual WRP) rose by 70 basis points to 11.1% for the period 11MFY25, according to the company filing. The private sector market share increased by 30 basis points to 15.7%.Solvency RatioThe solvency ratio stood at 194%, comfortably above the regulatory threshold of 150%.Profit After Tax (PAT) for the full financial year stood at Rs 1,802 crore, reflecting a 15% year-on-year growth, supported by an 18% increase in profit emergence from the company’s back book.Management CommentaryCommenting on the earnings, MD & CEO Vibha Padalkar described FY25 as a year in which the company deepened its reach.“We are happy to report an 18% growth in Individual APE for FY25, in line with our stated growth aspirations for the year. Our overall industry market share expanded by 70 basis points to 11.1%, and by 30 basis points to 15.7% within the private sector. Retail protection continued to show strong momentum with APE growth of 25%. All channels registered double-digit growth. We continue to enhance customer experience through intuitive digital platforms, with over 90% of service requests now handled via self-service,” she said.Value of New Business (VNB)VNB grew by 13% to Rs 3,962 crore in FY25.PersistencyThe 13th-month and 61st-month persistency ratios stood at a strong 87% and 63%, respectively. Notably, the 61st-month persistency improved by 1,000 basis points, reflecting the company’s deep customer engagement and effective retention initiatives.
Categories: Business News

HDFC AMC announces final dividend of Rs 90 per share for FY25

Business News - April 17, 2025 - 3:40pm
HDFC Asset Management Company announced a final dividend of Rs 90 per share on Thursday along with its March quarter earnings where it reported an 18% year-on-year growth in its consolidated net profit at Rs 639 crore from Rs 541 crore in the same quarter of last year.Company's revenue from operations in Q4FY25 stood at Rs 901 crore which was up 30% versus Rs 695 crore reported in the year ago period.The earnings were announced during market hours and HDFC AMC's shares jumped 2.4% to hit the day's high of Rs 4,227.60 on the NSE.However, HDFC AMC's profit declined marginally on a sequential basis from Rs 642 crore clocked in the October-December quarter. Meanwhile, the topline fell 4% quarter-on-quarter.Other income in the January-March 2024 period fell to Rs 124 crore as against Rs 155 crore in the corresponding period of previous fiscal.More to come...
Categories: Business News

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