Duration The period under review, the company’s backbook generated about 18 percent of higher profits, which mainly increased general profitability.
The private sector insurer HDFC Life Insurance in Thorsday reported an increase of 15.76 percent year -on -year (interannual) in her net independent gain to ₹ 476.54 million rupees in the fourth quarter of the last growth of fiscal profits in a solid TH.
The insurer had registered a net gain of ₹ 411.66 million rupees in the fourth quarter of the financial year 2023-24.
Duration Q4Fy25 The entrance of Net Prima grew 15.99 percent year -on -year to ₹ 23,765.56 million rupees compared to ₹ 20,488.11 million rupees in Q4Fy24, according to a presentation of the stock exchange. The first year premium increased 9.49 percent year -on -year to ₹ 4,395.95 million rupees, the WASEA renewal premium increased by 14.52 percent year -on -year to ₹ 13.062.34 million rupees for the period under review. The unique premium grew 19.15 percent year -on -year to ₹ 6,573.28 million rupees.
High benefit of backbook
Duration The period under review, the company’s back-back-back generated about 18 percent of higher profits, which mainly increased general profitability.
The 13 -month persistence index fell to 82.7 percent in the fourth fiscal trimester of 86.2 percent in the same period in the previous prosecutor. The persistence of 61 months increased to 61.9 percent of 52 percent in the period of the previous year, in accordance with the presentation of the Stock Exchange. The company’s solvency index, the quarter of the quarter under review improved to 194 percent from 187 percent from the fourth quarter of 24.
Annualized premium equivalent (APE) for the last financial year grew by 16 percent year -on -year to ₹ 15,479 million rupees, while the value of new businesses (VNB) The duration of the period increased by 13 percent year -on -year to ₹ 3,960 million rupees. For fiscal year 2015, its net profit increased by 14.87 percent year -on -year to ₹ 1,802.12 million rupees of ₹ 1,568.86 million rupees for the fiscal year 2014.
Vibha Padalkar, managing director and executive director of HDFC Life, said: “The fiscal year 2015 was a year in which we deepened our reach, we continue to sharpen our value propositions and show the resistance of our business model. We are happy to inform a growth of 18 in the 1 percent individual APE for the fiscal year of the fiscal year of FY2, in line with the 15 of the growth stories in the year.
The Company Board exceeded a final dividend of ₹ 2.10 for participation in the nominal value of ₹ 10 each for financial year 2024-25, subject to the approach of the shareholders at the following annual meeting.
Posted on April 17, 2025