Canara HSBC Life Insurance reported a modest decline in December-quarter profit as higher operating and commission expenses offset strong growth in premium income, APE and value of new business
Canara HSBC Life Insurance Company on Wednesday reported a nearly 6 per cent drop in net profit at Rs 27.65 crore for the three months ended December 2025. The insurer had clocked a net profit of Rs 29.32 crore in the year-ago period. Total income of the firm promoted by Canara Bank rose to Rs 4,272.53 crore from Rs 1,540 crore in Q3 FY25, according to a regulatory filing to the stock exchanges. The company collected a net premium of Rs 2,867 crore in the quarter, up from Rs 2,005 crore a year ago. This is the second set of quarterly numbers announced by the company after making its stock market debut in October.
Canara HSBC Life is among India's top 10 life insurance companies and has a well-diversified product mix, MOFSL said
Canara HSBC Life Insurance Company stock hit a new high at ₹153 on Wednesday and has now gained 44 per cent when compared with its issue price of ₹106 per share.
Canara HSBC's debut price came in slightly below expectations in the grey market, where its unlisted shares were trading at ₹109 per share