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Protection business boosts HDFC Life, ICICI Pru Life Q1 earnings
HDFC Life and ICICI Prudential Life saw healthy profit expansion in the June quarter. Steady premium growth and stable new business margins drove these positive financial results. HDFC Life reported a twelve percent rise in net profit, while ICICI Prudential Life's profit increased twenty-eight percent. Both companies experienced strong contributions from their protection product offerings. Customer acquisition and product mix guided their respective business strategies during the period.
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economictimes.indiatimes.com
ICICI Prudential AMC Q1 Results: Net profit rises 23% YoY to Rs 965 crore; revenue up 18%
ICICI Prudential AMC Q1 Results: Revenue from operations, meanwhile, increased 18% YoY to Rs 1,564 crore.
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ICICI Prudential AMC shares gain 2% after Q1 net profit rises 23% to Rs 965 crore. Here’s what brokerages say
ICICI Prudential AMC reported a 23% net profit increase for Q1 FY27. Revenue from operations also saw an 18% year-on-year growth. Mutual fund assets under management rose by 11%…
