Financial Wire

HDFC Life Insurance's Consolidated Profit Rises in Fiscal Q4

-- HDFC Life Insurance's (NSE:HDFCLIFE, BOM:540777) consolidated profit rose to 4.97 billion Indian rupees in the fiscal fourth quarter ended March 31 from 4.75 billion rupees a year ago.

Earnings per share came in at 2.30 rupees, up from 2.21 rupees a year earlier, according to a Thursday filing to the Indian stock exchanges.

Net premium income in fiscal Q4 grew to 260 billion rupees from 238.4 billion rupees a year ago.

The company's board recommended a final dividend of 2.10 rupees per equity share of face value of 10 rupees each for the financial year 2025-26.

The record date has been set as June 19, and the dividend will be paid on or after July 20.

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