HDFC Life Q4 net profit rises 16% to ₹476 crore

HDFC Life Insurance on Thursday reported a 16 per cent year-on-year increase in net profit at ₹476.5 crore for the quarter ended March 31, 2025, compared to ₹411.7 crore in the same period last year.

Total borrowings surged over threefold to ₹2,950 crore in Q4 FY25, as compared to ₹950 crore in Q4 FY24.

The debt-equity ratio also rose to 0.18 times from 0.06 a year ago.

The results were part of the company’s audited financials for the full year FY25, which also saw a 15% increase in annual net profit to ₹1,802 crore, an 18% rise in individual APE, and a 13% growth in value of new business (VNB).

HDFC Life’s overall market share (individual weighted received premium) expanded by 70 basis points to 11.1% for the 11-month period of FY25, while the private sector share rose by 30 basis points to 15.7%, it said in a regulatory filing.

The company’s assets under management (AUM) grew 15% year-on-year to Rs 3.36 lakh crore as on March 31, 2025.

The solvency ratio remained strong at 194%, well above the regulatory requirement of 150%.

“FY25 was a year where we deepened our reach, continued sharpening our value propositions and demonstrated the resilience of our business model,” said Vibha Padalkar, Managing Director and CEO of HDFC Life.

The board has recommended a final dividend of ₹2.1 per share, amounting to a total payout of around ₹452 crore.