HDFC Life Q2 Results Preview: Premium likely to grow by one-fourth on robust new business; here is what investors can expect

HDFC Life Q2 Results Preview: HDFC Life Insurance Company, a Mumbai-headquartered life insurer, is set to report its quarterly financial results on Tuesday, October 15. The private sector company is expected to stage a largely positive performance for the second quarter of the financial year, on the back of a low base and strong growth in new business premiums. 

What to expect in the HDFC Life Company earnings report? 

According to Zee Business research, HDFC Life is estimated to register gross premiums of Rs 1,873 crore for the quarter ended September 30, which translates to growth of 25.3 per cent over the corresponding period a year ago. The analysts estimate the insurer's September-quarter annual premium equivalent (APE)—a measure of premium income—at Rs 3,715 crore, up 22 per cent on a year-on-year basis.  

HDFC Life Q2 FY25 Results Due Today | What to expect on the operational front?

HDFC Life's value of new business (VNB) is expected to increase 18 per cent to Rs 946 crore with a VNB margin—a gauge of profitability—of 25.4 per cent, instead of 26.3 per cent a year ago, according to Zee Business research. 

HDFC Life shares 

HDFC Life Insurance shares—traded with the symbol HDFCLIFE on stock exchanges BSE and NSE—rose by as much as Rs 4.4, or 0.6 per cent, to Rs 745 apiece on Tuesday as investors awaited the earnings report.

At current levels, the stock has grown about 14.6 per cent in 2024 so far, almost in line with a rise of 15.2 per cent in the headline Nifty50 index.  

Q2 earnings season gains momentum

Last week, Tata Consultancy Services (TCS) kicked off the earnings season on a muted note, with a 1.1 per cent quarter-on-quarter decline in its July-September net profit that fell short of analysts' expectations. Read more on TCS Q2 FY25 earnings

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