HDFCLIFE HDFC Life Insurance Company Q1 FY27 results (Apr–Jun 2026) and concall
HDFC Life reported a strong Q1 FY27 with overall APE growing 9% and VNB increasing 9% to INR 879 crores, driven by robust retail protection growth of 42%. New business margins expanded by 100 bps sequentially to 25%, and the solvency ratio improved to 185%. While the HDFC Bank channel remained subdued, management expressed confidence in its recovery and expects to neutralize the remaining 60 bps GST impact on margins over the coming quarters.
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What they filed
Q1 FY27: revenue up 14.2%, net profit up 11.9% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|
| Revenue | 17,235 | 24,111 | 29,381 | 20,548 | 29,312 +70% | 19,727 −18% | 33,545 +14% |
| EBITDA | 460 | 401 | 460 | 341 | 302 −34% | 150 −63% | 561 +22% |
| Net profit | 415 | 477 | 546 | 447 | 421 +1% | 496 +4% | 611 +12% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
