HDFC Life posts 14% rise in Sept quarter profit
60-Word AI Digest
Value of new business (VNB) margin expanded 20 basis points to 24.7% against 24.5% a year ago. One basis point is a hundredth of a percentage point. Value of new business grew 12% to ₹2,040 crore.
Key Takeaways
- Value of new business (VNB) margin expanded 20 basis points to 24.7% against 24.5% a year ago.
- One basis point is a hundredth of a percentage point.
- Value of new business grew 12% to ₹2,040 crore.
Value of new business (VNB) margin expanded 20 basis points to 24.7% against 24.5% a year ago. One basis point is a hundredth of a percentage point. Value of new business grew 12% to ₹2,040 crore.
Original Publisher Attribution
This summary was curated from Economic Times.