HDFC Life Insurance Company on Tuesday reported a 14.4 per cent year-on-year (Y-o-Y) increase in net profit to ₹546 crore for the quarter ended June 2025 (Q1 FY26), up from ₹478 crore in the corresponding period last year.
Total premium income for the quarter stood at ₹14,875 crore, registering a 16.1 per cent rise from ₹12,811 crore in Q1 FY25. The growth was led by an 18.6 per cent increase in renewal premiums and a 13.6 per cent rise in new business premiums.
HDFC Life's Assets under management grew 15 per cent year-on-year to ₹3.56 trillion.
Vibha Padalkar, Managing Director and CEO of HDFC Life, said, “Q1 FY26 began on a strong note, with healthy growth across topline, value of new business and steady margins. We outperformed both the overall industry and the private sector, resulting in a 70 bps increase in our market share at the overall level to 12.1 per cent, a new milestone for us.”
Shares of HDFC Life closed at ₹757 apiece on the BSE on Tuesday.
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