HDFC Life Insurance Company Ltd. has reported a robust financial performance for the third quarter of FY25, with key growth metrics highlighting its strong operational footing.
Key Highlights of Q3FY25 Results:
Operational Performance
The company emphasized strong growth across its key business segments. Vibha Padalkar, MD & CEO of HDFC Life, highlighted a healthy 22% growth in individual Weighted Received Premium (WRP) for the nine months of FY25, significantly outperforming the industry’s growth rate of 14%.
“We have witnessed both ticket size and volume expansion. The number of policies has grown by 15%, outperforming the private sector's growth of 9%. Retail protection continues to grow well, with a 28% rise in retail protection APE for nine months,” Padalkar said.
Market Performance
Despite strong financial performance, HDFC Life's share price saw a minor dip in trading. The stock closed at ₹594.3 on January 15, down 0.98% from the previous day's close.
HDFC Life's consistent growth trajectory, backed by strategic initiatives and a balanced product mix, reinforces its leadership position in the life insurance sector. With its focus on profitable growth and customer-centric offerings, the company is poised for sustained momentum in the coming quarters.