HDFC Life Insurance Company quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	24,225	20,422	+18.6%
EBITDA	541	468	+15.5%
Profit before tax	541	468	+15.5%
Net profit	522	448	+16.4%
EPS	₹2.41	₹2.08	+15.9%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Earlier quartersAlpha Plus

Expenses
	24,225	33,542	19,906	29,158	20,422	29,285	23,965	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	23,936	33,224	19,457	29,171	20,592	29,200	23,799
	541	630	490	441	468	564	486
	541	630	490	441	468	564	486
Profit
	541	630	490	441	468	564	486
	38.2	46.9	47.0	4.2	3.4	40.2	14.5
	522	611	497	418	448	548	475
Per share
	₹2.41	₹2.83	₹2.30	₹1.94	₹2.08	₹2.54	₹2.21
Revenue detail — as filed
	410	345	379	420	362	321	329
	2,171	16,685	−6,488	10,656	1,417	14,602	19.0
Expense detail — as filed
	0.0	0.0	0.0	0.0	0.0	0.0	310
	1,043	922	968	1,111	992	880	866
	2,684	2,111	2,781	2,272	2,342	1,751	2,582
	2,689	2,115	2,785	2,275	2,344	1,752	2,584
	−54.1	−37.7	58.4	4.6	−46.0	−4.2	28.9
Profit build-up — alternate / pre-Ind-AS tags
	541	630	490	441	468	564	486
	20.8	19.0	−5.4	22.8	19.8	15.2	10.6
	38.2	46.9	47.0	4.2	3.4	40.2	14.5
	18.9	19.0	−7.8	22.8	19.8	15.2	10.6
	−1.9	0.0	−2.4	0.0	0.0	0.0	0.0
	522	611	497	418	448	548	475
	522	611	497	418	448	548	475
	11,758	11,692	11,081	10,584	10,166	10,170	9,621
Per share — as-filed variants
	₹2.41	₹2.83	₹2.31	₹1.94	₹2.08	₹2.55	₹2.21
	₹2.41	₹2.83	₹2.30	₹1.94	₹2.08	₹2.54	₹2.21
Appropriations & transfers
	16,993	16,910	15,302	14,772	14,270	14,192	13,555
	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Insurance — revenue account (Policyholders')
	22,502	17,232	26,464	18,828	19,314	14,887	24,044
	21,856	16,728	25,998	18,351	18,871	14,539	23,843
	4,001	2,746	4,457	3,344	3,600	2,559	4,406
	11,445	9,033	14,884	10,480	10,344	7,606	13,065
	7,056	5,453	7,123	5,005	5,371	4,722	6,573
	1,350	961	1,488	1,146	1,329	1,426	2,157
	181	173	214	176	155	129	200
	1,153	977	1,079	951	858	195	226
	4,937	3,900	4,937	4,548	4,137	3,272	4,311
	2,247	1,785	2,152	2,273	1,793	1,520	1,727
	102	102	91.9	83.0	82.0	79.5	75.1
	10,497	8,238	11,270	9,229	9,380	8,721	11,097
	8,509	21,068	3,137	15,378	6,997	17,045	8,210
	0.0	0.0	836	0.0	0.0	0.0	871
	772	604	952	791	717	504	761
	206	152	258	175	140	94.4	175
	9.3	8.6	7.8	7.5	121	127	139
	289	317	449	−13.3	−170	84.7	166
	289	317	449	−13.3	−170	84.7	166
	13.7	−55.4	−27.8	−153	−387	−283	−83.3
	20.1	19.5	20.2	20.4	20.2	19.9	20.3
Insurance — Shareholders' account
	458	388	412	444	385	343	349
	734	761	889	584	603	710	598
	193	131	399	143	134	147	112
	−2.3	−5.9	16.3	2.1	−1.5	−2.2	11.9
	276	373	477	140	217	368	250
	93.7	34.0	291	58.2	54.0	69.4	25.5
	276	373	477	140	217	368	250
	−0.0	0.0	−0.0	0.0	0.0	0.0	0.0
	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Insurance — result & transfers
	1,267	1,073	2,494	953	687	683	1,972
	105	94.6	104	91.7	79.5	73.9	77.9
	48.1	42.7	33.3	24.5	23.3	21.2	20.2
	93.7	34.0	291	58.2	54.0	69.4	25.5
Insurance — fund NPAs
	13.4	13.4	13.4	13.4	13.4	13.4	13.4
	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00
	59.9	59.9	59.9	59.9	59.9	59.9	59.9
	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00
	−0.0	0.0	−0.0	0.0	0.0	0.0	−0.0
	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	9.2	9.2	9.2	9.2	9.2	9.2	9.2
	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00
	0.0	0.0	−0.0	0.0	−0.0	0.0	0.0
	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	8.0	8.0	8.0	8.0	8.0	8.0	8.0
	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00
	−0.0	0.0	−0.0	0.0	−0.0	−0.0	0.0
	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Insurance — IRDAI ratios (as filed, not percentages)
	1.80×	1.85×	1.77×	1.80×	1.75×	1.92×	1.94×
	₹1.80	₹1.85	₹1.77	₹1.80	₹1.75	₹1.92	₹1.94
	₹0.82	₹0.89	₹0.85	₹0.85	₹0.86	₹0.87	₹0.85
	₹0.22	₹0.23	₹0.19	₹0.24	₹0.21	₹0.22	₹0.18
	₹0.79	₹0.80	₹0.82	₹0.79	₹0.81	₹0.83	₹0.83
	₹0.70	₹0.74	₹0.73	₹0.73	₹0.72	₹0.80	₹0.77
	₹0.68	₹0.76	₹0.73	₹0.70	₹0.70	₹0.69	₹0.71
	₹0.69	₹0.67	₹0.69	₹0.69	₹0.70	₹0.70	₹0.70
	₹0.66	₹0.65	₹0.65	₹0.62	₹0.63	₹0.61	₹0.62

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

HDFCLIFE₹517.00

HDFC Life Insurance Company Ltd.

· Banking & Finance

Annual Quarterly₹ CrorePeersSBILIFE ICICIPRULI LICI JIOFIN SHRIRAMFIN BANKBARODA CANBK PNBMcap ₹1.12L Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Total Income	23,965.4	29,285.0	20,422.1	29,157.6	19,905.8	33,541.7	24,225.4
Expenses
Total Expenses	23,799.2	29,200.3	20,592.4	29,170.9	19,456.9	33,224.5	23,936.0
EBITDA	485.9	563.6	468.0	441.0	489.7	630.2	540.5
EBIT	485.9	563.6	468.0	441.0	489.7	630.2	540.5
Profit
Pretax Income	485.9	563.6	468.0	441.0	489.7	630.2	540.5
+ Current Tax	14.5	40.2	3.4	4.2	47.0	46.9	38.2
Net Income	475.4	548.4	448.3	418.2	497.5	611.2	521.6
Per Share
Basic EPS	2.21	2.54	2.08	1.94	2.30	2.83	2.41
Revenue Detail — as filed
+ Investment Income	328.7	321.5	362.1	419.9	379.2	345.4	409.8
+ Income from Investments (net)	19.0	14,602.3	1,417.4	10,656.3	-6,487.6	16,685.5	2,171.0
Expense Detail — as filed
+ Advertisement & Publicity	310.0	0.0	0.0	0.0	0.0	0.0	0.0
+ Employee Remuneration & Welfare	866.2	880.5	991.7	1,110.7	967.9	921.9	1,042.9
+ Commission	2,582.4	1,750.7	2,341.8	2,272.5	2,780.8	2,111.2	2,684.1
+ Commission (net)	2,583.9	1,751.8	2,344.3	2,275.2	2,784.8	2,114.7	2,689.4
+ Provision — Diminution in Investments	28.9	-4.2	-46.0	4.6	58.4	-37.7	-54.1
Profit Build-up — Alternate / Pre-Ind-AS Tags
Profit / (Loss) before Tax	485.9	563.6	468.0	441.0	489.7	630.2	540.5
+ Current Taxes	10.6	15.2	19.8	22.8	-5.4	19.0	20.8
+ Provision for Tax	14.5	40.2	3.4	4.2	47.0	46.9	38.2
+ Provisions for Taxes	10.6	15.2	19.8	22.8	-7.8	19.0	18.9
+ Deferred Taxes	0.0	0.0	0.0	0.0	-2.4	0.0	-1.9
PAT before Extraordinary Items	475.4	548.4	448.3	418.2	497.5	611.2	521.6
PAT after Extraordinary Items	475.4	548.4	448.3	418.2	497.5	611.2	521.6
Profit Carried to Balance Sheet	9,621.4	10,169.8	10,165.6	10,583.8	11,081.3	11,692.5	11,757.8
Per Share — as-filed variants
Basic & Diluted EPS before Extraordinary (not annualised)	2.21	2.55	2.08	1.94	2.31	2.83	2.41
Basic & Diluted EPS after Extraordinary (not annualised)	2.21	2.54	2.08	1.94	2.30	2.83	2.41
Appropriations & Transfers
Reserves & Surplus excl. Revaluation Reserve	13,555.0	14,192.1	14,269.7	14,771.8	15,301.8	16,910.1	16,993.1
+ Final Dividend	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Insurance — Revenue Account (Policyholders')
+ Gross Premium Income	24,044.2	14,887.4	19,314.0	18,828.3	26,463.7	17,232.3	22,502.2
+ Net Premium Income	23,843.0	14,539.4	18,871.2	18,351.4	25,998.4	16,727.6	21,855.8
+ First-year Premium	4,406.4	2,559.5	3,599.6	3,343.6	4,456.7	2,746.3	4,000.8
+ Renewal Premium	13,064.5	7,606.0	10,343.6	10,480.0	14,884.4	9,033.3	11,445.0
+ Single Premium	6,573.3	4,721.9	5,370.8	5,004.7	7,122.6	5,452.7	7,056.4
+ Commission — First-year Premium	2,156.9	1,426.5	1,328.7	1,145.9	1,488.0	960.9	1,350.1
+ Commission — Renewal Premium	199.6	129.5	155.2	175.9	213.8	173.0	180.8
+ Commission — Single Premium	225.8	194.7	857.9	950.7	1,079.1	977.4	1,153.3
+ Expenses of Management	4,310.9	3,272.3	4,137.5	4,548.0	4,936.7	3,900.0	4,936.5
+ Operating Expenses — Insurance Business	1,727.0	1,520.5	1,793.1	2,272.8	2,151.8	1,785.4	2,247.1
+ Expenses — Non-insurance	75.1	79.5	82.0	83.0	91.9	102.5	101.8
+ Benefits Paid (net)	11,096.5	8,720.7	9,379.8	9,229.0	11,270.1	8,238.2	10,497.3
+ Change in Actuarial Liability	8,209.6	17,044.6	6,996.6	15,377.7	3,137.1	21,068.3	8,508.8
+ Bonus Allocated to Policyholders	870.6	0.0	0.0	0.0	835.6	0.0	0.0
+ Interim Bonus Paid	760.8	504.1	717.3	791.0	952.2	603.9	771.6
+ Terminal Bonus Paid	174.8	94.4	139.9	175.4	257.8	151.8	206.0
+ GST on Linked Charges	138.8	126.7	121.1	7.5	7.8	8.6	9.3
Surplus in the Revenue Account	166.2	84.7	-170.3	-13.3	448.8	317.2	289.4
Net Surplus / (Deficit)	166.2	84.7	-170.3	-13.3	448.8	317.2	289.4
+ Funds for Future Appropriation	-83.3	-282.9	-387.4	-153.2	-27.8	-55.4	13.7
+ Policyholders' Liabilities to Shareholders' Fund	20.3	19.9	20.2	20.4	20.2	19.5	20.1
Insurance — Shareholders' Account
+ Income under Shareholders' Account	348.8	342.7	385.4	444.4	412.5	388.1	457.9
+ Shareholders' Account Income	598.4	710.3	602.5	584.3	889.1	760.7	733.6
+ Shareholders' Account Expenses	112.4	146.7	134.5	143.3	399.4	130.5	193.1
+ Shareholders' Provision — Diminution in Investments	11.9	-2.2	-1.5	2.1	16.3	-5.9	-2.3
+ Transfer from Policyholders' Account	249.5	367.6	217.1	139.9	476.6	372.6	275.7
+ Transfer of Funds to Policyholders' Account	25.5	69.4	54.0	58.2	291.2	34.0	93.7
+ Transferred to Shareholders' Account	249.5	367.6	217.1	139.9	476.6	372.6	275.7
Shareholders' Fund — with Unrealised Gains	0.0	0.0	0.0	0.0	-0.0	0.0	-0.0
Shareholders' Fund — without Unrealised Gains	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Insurance — Result & Transfers
Surplus / (Deficit)	1,972.3	683.1	686.8	953.1	2,494.4	1,072.9	1,267.0
+ Other Income — Policyholders' Account	77.9	73.9	79.5	91.7	103.7	94.6	104.9
+ Other Income — Shareholders' Account	20.2	21.2	23.3	24.5	33.3	42.7	48.1
+ Transfer of Funds from Shareholders' Account	25.5	69.4	54.0	58.2	291.2	34.0	93.7
Insurance — Fund NPAs
+ Gross NPAs — Shareholders' Fund	13.4	13.4	13.4	13.4	13.4	13.4	13.4
+ Gross NPA % — Shareholders' Fund	0.00	0.00	0.00	0.00	0.00	0.00	0.00
+ Gross NPAs — Linked Non-participating	59.9	59.9	59.9	59.9	59.9	59.9	59.9
+ Gross NPA % — Linked Non-participating	0.00	0.00	0.00	0.00	0.00	0.00	0.00
+ Linked Non-participating — with Unrealised Gains	-0.0	0.0	0.0	0.0	-0.0	0.0	-0.0
+ Linked Non-participating — without Unrealised Gains	0.0	0.0	0.0	0.0	0.0	0.0	0.0
+ Gross NPAs — Non-linked Participating	9.2	9.2	9.2	9.2	9.2	9.2	9.2
+ Gross NPA % — Non-linked Participating	0.00	0.00	0.00	0.00	0.00	0.00	0.00
+ Non-linked Participating — with Unrealised Gains	0.0	0.0	-0.0	0.0	-0.0	0.0	0.0
+ Non-linked Participating — without Unrealised Gains	0.0	0.0	0.0	0.0	0.0	0.0	0.0
+ Gross NPAs — Non-linked Non-participating	8.0	8.0	8.0	8.0	8.0	8.0	8.0
+ Gross NPA % — Non-linked Non-participating	0.00	0.00	0.00	0.00	0.00	0.00	0.00
+ Non-linked Non-participating — with Unrealised Gains	0.0	-0.0	-0.0	0.0	-0.0	0.0	-0.0
+ Non-linked Non-participating — without Unrealised Gains	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Insurance — IRDAI Ratios (as filed, not percentages)
Solvency Ratio (x, one scale)	1.94	1.92	1.75	1.80	1.77	1.85	1.80
Solvency Ratio (as filed)	1.94	1.92	1.75	1.80	1.77	1.85	1.80
Conservation Ratio	0.85	0.87	0.86	0.85	0.85	0.89	0.82
Expenses of Management Ratio	0.18	0.22	0.21	0.24	0.19	0.23	0.22
Persistency — 13th Month	0.83	0.83	0.81	0.79	0.82	0.80	0.79
Persistency — 25th Month	0.77	0.80	0.72	0.73	0.73	0.74	0.70
Persistency — 37th Month	0.71	0.69	0.70	0.70	0.73	0.76	0.68
Persistency — 49th Month	0.70	0.70	0.70	0.69	0.69	0.67	0.69
Persistency — 61st Month	0.62	0.61	0.63	0.62	0.65	0.65	0.66
Other Filed Concepts — mapped but not yet placed in the schedule
Other Operating Expenses	550.8	640.0	801.4	1,162.1	1,184.0	863.5	1,204.2

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

HDFC Life Q2 FY27 results (July–September 2026)

Filed with NSE on Thursday, 15 October 2026 at 3:55 pm IST

HDFC Life Insurance (NSE: HDFCLIFE) reported its Q2 FY27 results (July–September 2026) on Thursday, 15 October 2026 at 3:55 pm IST. Consolidated net profit was ₹522 crore, up 16.4% from ₹448 crore in Q2 FY26 and down 14.7% from ₹611 crore in Q1 FY27.

Q2 FY26 results (a year earlier): 15 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹522 Cr+16.4% vs Q2 FY26−14.7% vs Q1 FY27
Earnings per share (basic): ₹2.41+15.9% vs Q2 FY26−14.8% vs Q1 FY27

Questions

What was HDFC Life's net profit in Q2 FY27?

Consolidated net profit was ₹522 crore, up 16.4% from ₹448 crore in Q2 FY26 and down 14.7% from ₹611 crore in Q1 FY27.

How were HDFC Life's Q2 FY27 results?

Against Q2 FY26, net profit was up 16.4% at ₹522 crore. Against Q1 FY27, net profit was down 14.7%.

What was HDFC Life's EPS in Q2 FY27?

Basic earnings per share were ₹2.41, against ₹2.08 in Q2 FY26.

What was HDFC Life's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹1,133 crore, up 13.7% from ₹997 crore in the same months a year earlier.

How has HDFC Life's profit changed over the last four quarters?

Net profit by quarter: ₹418 crore in Q3 FY26, ₹497 crore in Q4 FY26, ₹611 crore in Q1 FY27 and ₹522 crore in Q2 FY27. That is ₹2,048 crore over the four quarters.

When did HDFC Life announce its Q2 FY27 results?

On Thursday, 15 October 2026 at 3:55 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 15 October 2025.

What was HDFC Life's net profit in FY26?

Consolidated net profit was ₹1,912 crore in FY26 (April 2025–March 2026), up 5.6% from ₹1,811 crore in FY25. It was ₹1,57,408 crore in FY24 and ₹1,36,828 crore in FY23: down 98.6% over three years, an average fall of 75.9% a year.

When will HDFC Life announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these HDFC Life figures come from?

From HDFC Life Insurance's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 15 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.