HDFC LIFE Q2 2023 Results

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· FY’24 Total Premium Income ₹ 26,613 Cr · Growth: 14% YoY · FY’24 Net Profit: ₹ 792 Cr

Performance Highlights

· Premium Income: ₹ 26,613 Cr · Premium Income Growth: 14% YoY · Net Profit: ₹ 792 Cr · Profit Growth: 15% Y-o-Y

Impressive Market Share

HDFC Life exceeds industry benchmarks in H1 2023. 10.3% WRP growth, 15.7% private sector market share, and impressive protection and sum assured growth.

Major Announcements

· Two new products launched – HDFC Life Sanchay Legacy, and Click 2 Protect Elite · Recognized as one of the 100 Best Companies for Women in India (2023) by Avtar