HDFC Life Insurance Company Q1 Results Live : HDFC Life Insurance Company announced their Q1 results on 15 Jul, 2024, with a topline growth of 15.12% and a profit increase of 14.94% YoY.
In comparison to the previous quarter, there was a 4.25% decline in revenue but a 16.36% increase in profit.
Selling, general & administrative expenses rose by 2.62% q-o-q but decreased by 35.17% Y-o-Y.
Operating income saw a 10.94% increase q-o-q and a 19.39% increase Y-o-Y.
The EPS for Q1 stood at ₹2.25, marking a 28.89% increase Y-o-Y.
HDFC Life Insurance Company delivered returns of 2.76% in the last week, 3.84% in the last 6 months, and -1.34% YTD.
The market cap for HDFC Life Insurance Company currently stands at ₹137243.2 Cr with a 52wk high/low of ₹710.6 & ₹511.4 respectively.
As of 16 Jul, 2024, out of 31 analysts covering the company, 4 analysts rated it as Hold, 13 as Buy, and 14 as Strong Buy.
The consensus recommendation as of 16 Jul, 2024, was to Strong Buy.
HDFC Life Insurance Company Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 27015.9 | 28215.61 | -4.25% | 23467.37 | +15.12% |
| Selling/ General/ Admin Expenses Total | 869.18 | 847 | +2.62% | 1340.7 | -35.17% |
| Total Operating Expense | 26516.73 | 27765.66 | -4.5% | 23049.26 | +15.04% |
| Operating Income | 499.17 | 449.95 | +10.94% | 418.11 | +19.39% |
| Net Income Before Taxes | 499.17 | 449.96 | +10.94% | 418.09 | +19.39% |
| Net Income | 478.97 | 411.64 | +16.36% | 416.72 | +14.94% |
| Diluted Normalized EPS | 2.25 | 1.93 | +16.58% | 1.74 | +28.89% |