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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.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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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 Pru Life Q1 Result: Net profit jumps 28% YoY to Rs 386 crore
ICICI Prudential Life Insurance reported a twenty-eight percent net profit increase. Net premium income rose to nine thousand seven hundred forty-nine crore rupees. New business…
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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.…