HDFC Life Q3 Results Preview: PAT likely to grow 21%, APE expected to see double-digit growth

HDFC Life Insurance Company Q3 results: Long-term life insurance provider HDFC Life Insurance Company will announce its financial results for the three months ended December 31, 2024 on Wednesday, January 15.

In an exchange filing, the company said, "HDFC Life Insurance Company Limited has informed the Exchange about Board Meeting to be held on 15-Jan-2025 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended December 2024."

HDFC Life Q3 results preview

Investors should monitor the impact of new surrender value regulations on margins and product mix. Commentary on the outlook for growth and margin will also be in focus.

HDFC Life share price

Shares of HDFC Life Insurance Company are trading in negative territory. The stock is down 2.12% to ₹587.75 apiece on the National Stock Exchange at 11:07 am.

The company's market capitalisation stands at ₹1,26,530.99 crore.

How did HDFC Life perform in Q2 FY25?

The company's profit after tax surged 14.8% to ₹433 crore in the second quarter of the current fiscal year, compared to ₹377 crore in the corresponding period last year.

The net premium income stood at ₹16,570 crore, up 12% YoY from ₹14,756 crore in the year-ago period. The total annual premium equivalent (APE) climbed 26.7% to ₹3,858 crore as against ₹3,045 crore in the same period last fiscal.

The value of the new business margin was reported at 24.3%. The company's wholly-owned subsidiary, HDFC Pension Fund, surpassed ₹1 lakh crore in assets under management.