HDFC Life Insurance Company declared their Q3 FY24 results on 12 Jan, 2024. The topline increased by 37.5% & the profit increased by 16.34% YoY.
As compared to the previous quarter, the revenue grew by 16.19% and the profit decreased by 2.82%.
The Selling, general & administrative expenses rose by 94.17% q-o-q & increased by 3.52% Y-o-Y.
The operating income was down by 29.24% q-o-q & increased by 31.51% Y-o-Y.
The EPS is ₹1.52 for Q3 FY24 which increased by 3.05% Y-o-Y.
HDFC Life Insurance Company has delivered -0.61% return in the last 1 week, -5.38% return in the last 6 months, and -0.42% YTD return.
Currently, HDFC Life Insurance Company has a market cap of ₹138467.7 Cr and a 52wk high/low of ₹710.6 & ₹457.8 respectively.
As of 14 Jan, 2024, out of 29 analysts covering the company, 4 analysts have given a Hold rating, 15 analysts have given a Buy rating, and 10 analysts have given a Strong Buy rating.
The consensus recommendation as of 14 Jan, 2024 was to Strong Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 27029.15 | 23263.35 | +16.19% | 19657.1 | +37.5% |
| Selling/ General/ Admin Expenses Total | 1403.99 | 723.06 | +94.17% | 1356.22 | +3.52% |
| Total Operating Expense | 26727.72 | 22837.34 | +17.04% | 19427.89 | +37.57% |
| Operating Income | 301.43 | 426.01 | -29.24% | 229.21 | +31.51% |
| Net Income Before Taxes | 369.44 | 332.19 | +11.21% | 315.28 | +17.18% |
| Net Income | 367.54 | 378.2 | -2.82% | 315.91 | +16.34% |
| Diluted Normalized EPS | 1.52 | 1.72 | -11.56% | 1.48 | +3.05% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹367.54Cr
Question : What is Q3 FY24 revenue?
Ans : ₹27029.15Cr
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Published: 14 Jan 2024, 03:33 AM IST