Canara HSBC Life Q2 profit rises 5% YoY to Rs 43 crore
Canara HSBC Life Insurance Company's September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43 crore from Rs 41 crore last year. This quarter also saw total income climb to Rs 2,511 crore, a rise in net premium collections reaching Rs 2,553 crore, and an increase in first-year...
Key Takeaways
- Canara HSBC Life Insurance Company's September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43 crore from Rs 41 crore last year.
- This quarter also saw total income climb to Rs 2,511 crore, a rise in net premium collections reaching Rs 2,553 crore, and an increase in first-year premiums to Rs 642 crore, showcasing the company’s robust financial health.
- Full details and original dispatch available below.
Canara HSBC Life Insurance Company's September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43 crore from Rs 41 crore last year. This quarter also saw total income climb to Rs 2,511 crore, a rise in net premium collections reaching Rs 2,553 crore, and an increase in first-year premiums to Rs 642 crore, showcasing the company’s robust financial health.
Original Publisher Attribution
This summary was curated from Economic Times.