HDFC Life Q4 PAT climbs 16% YoY to Rs 476 cr

Net income from investments tumbled 99.75% to Rs 18.02 crore in Q4 FY25 as compared to Rs 7,251.41 crore posted in same quarter last year.

Profit before tax (PBT) stood at Rs 486.21 crore in the March 2025 quarter, registering a growth of 8.12% on YoY basis.

In financial year 2025, the company's standalone net profit rose 14.87% to Rs 1,802.12 crore on 12.36% increase in net premium income to Rs 69,616.14 crore in FY25 over FY24.

Assets under management (AUM) jumped 15% YoY to Rs 3,36,282 crore as on 31st March 2025.

The value of new business (VNB) grew by 13% YoY to Rs 3,962 crore in 12M FY25.

The company's Indian embedded value (IEV) grew by 17% and stood at Rs 55,423 crore, with 16.7% operating return on EV, showcasing sustained long-term value creation for shareholders

The life insurer's new business margin fell to 25.6% in FY25 as against 26.3% recorded in FY24. The solvency ratio slipped to 194% in FY25 from 187% recorded in FY24.

A persistency ratio for the 13th and 61st months stood at a strong 87% and 63%, respectively. Notably, the company's 61st-month persistency saw a significant improvement of 1000 basis points, demonstrating the company's deep customer engagement and effective retention initiatives.

Vibha Padalkar, managing director and CEO of HDFC Life, commented: 'FY25 was a year where we deepened our reach, continued sharpening our value propositions and demonstrated the resilience of our business model. We are happy to report an 18% growth in Individual APE for FY25, in line with our stated growth aspirations for the year. Our overall industry market share expanded by 70 bps to 11.1% and by 30 bps to 15.7% within the private sector.

Retail protection continued to show strong momentum with APE growth of 25%. All channels registered double-digit growth. We continue to enhance customer experience through intuitive digital platforms, with over 90% of service requests now handled via self-service.

As we enter our 25th year of existence, our aspiration remains, against a backdrop of a stable regulatory regime, to consistently outpace sector topline growth, deliver VNB growth in line with APE growth and double key metrics every 4 to 4.5 years.'

Meanwhile, the company has declared final dividend of Rs 2.10 per equity share of face value of Rs 10 each for the financial year 2024-25. The company has fixed record date as Friday, 20 June 2025. The payment of final dividend will be made on or after July 21, 2025.

HDFC Life is a leading, listed, long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as protection, pension, savings, investment, annuity and health.

The counter rose 0.57% to settle at Rs 720.10 on the BSE.

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