HDFC Life Insurance Company Q2FY24 Results Today
HDFC Life Insurance Company Q2 results show revenue fell from 23242.86 crores to 23017.81 crores, a -0.97% decrease in growth. EPS down from ₹1.94 to ₹1.76, down by -9.28%.
Quarter-on-Quarter Basis Results:
HDFC Life Insurance Company shared its Q2 results on Friday. They earned 23017.81 crores in revenue this quarter, but that’s less than the 23242.86 crores they made last quarter. Unfortunately, the company’s growth decreased by -0.97 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 378.20 crores, down from 416.72 crores in the previous quarter. Their quarter-to-quarter growth decreased by -9.24 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹1.76, which is a decrease of -9.28% from the ₹1.94 EPS in the previous quarter.
Year-over-Year Basis Results:
The company made a total revenue of 23017.81 crores this year (2023), which is 0.07 percent higher than last year’s total revenue of 23002.18 crores.
This year’s PAT (Profit After Tax) is 378.20 crores, which is also 14.95% higher than last year’s PAT of 329.02 crores.
The EPS (Earnings Per Share) for this year is ₹1.76, which is 13.55% more than the EPS of ₹1.55 earned last year.
HDFC Life Insurance Company Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About HDFC Life Insurance Company:
HDFC Life Insurance Company Limited, headquartered in Mumbai, specializes in providing long-term life insurance solutions, offering both individual and group insurance services. The company was officially established on August 14, 2000.
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