HDFC Life Insurance Company declared their Q2 FY24 results on 13 Oct, 2023. The topline increased by 0.47% & the profit increased by 14.95% YoY. As compared to the previous quarter the revenue declined by 0.87% and the profit decreased by 9.24%.
The Selling, general & administrative expenses declined by 46.07% q-o-q & decreased by 47.74% Y-o-Y.
The operating income was up by 6.98% q-o-q & increased by 18.53% Y-o-Y.
The EPS is ₹1.72 for Q2 FY24 which increased by 9.1% Y-o-Y.
HDFC Life Insurance Company has delivered 0.05% return in the last 1 week, 17.45% return in the last 6 months, and 10.31% YTD return.
Currently, the HDFC Life Insurance Company has a market cap of ₹134270.1 Cr and a 52wk high/low of ₹690.85 & ₹457.8 respectively.
As of 15 Oct, 2023, out of 29 analysts covering the company, 2 analysts have given a Sell rating, 5 analysts have given a Hold rating, 13 analysts have given a Buy rating, and 9 analysts have given a Strong Buy rating.
The consensus recommendation as of 15 Oct, 2023, was to Buy.
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 23263.35 | 23467.37 | -0.87% | 23155.12 | +0.47% |
| Selling/ General/ Admin Expenses Total | 723.06 | 1340.7 | -46.07% | 1383.59 | -47.74% |
| Total Operating Expense | 22837.34 | 23069.14 | -1% | 22795.72 | +0.18% |
| Operating Income | 426.01 | 398.23 | +6.98% | 359.4 | +18.53% |
| Net Income Before Taxes | 332.19 | 418.09 | -20.55% | 330.54 | +0.5% |
| Net Income | 378.2 | 416.72 | -9.24% | 329.02 | +14.95% |
| Diluted Normalized EPS | 1.72 | 1.74 | -1.2% | 1.58 | +9.1% |
FAQs
Question : What is the Q2 FY24 profit/Loss as per company?
Ans : ₹378.2Cr
Question : What is Q2 FY24 revenue?
Ans : ₹23263.35Cr
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Updated: 15 Oct 2023, 03:51 AM IST