HDFC Life shares rise 2% after Q1 profit jumps 14% YoY to Rs 546 crore; net premium income up 16%
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HDFC Life Insurance Company shares jumped 2.2% to their day’s high of Rs 774 on the BSE today after the firm reported a 14% year-on-year (YoY) growth in its standalone net profit at Rs 546 crore for the first quarter of fiscal year 2026 (Q1 FY26). This compares to Rs 478 crore posted in the year-ago period. The company's net premium income rose 16% to Rs 14,466 crore versus Rs 12,510 crore recorded in the same quarter last year. On a sequential basis, profit after tax (PAT) was 15% higher than the Rs 477 crore reported in Q4 FY25. However, it's notable that the net premium income fell sharply by 39% when compared to the Rs 23,766 crore achieved in the January-March quarter of FY25. Key Performance Highlights: - Topline Growth: Individual Annualised Premium Equivalent (APE) grew by 12.5% YoY, translating into a robust 2-year CAGR of 21%. Live Events - Market Share: The company outperformed the overall industry and private sector, r...