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(28/04/2026 20:10)

Canara HSBC Life Q4 net profit up 8.23% at Rs 34.73 cr

The company reported standalone net profit of Rs 34.73 crore for the quarter ended March 31, 2026 as compared to Rs 32.09 crore in the same period last year, registering a year-on-year growth of 8.23 per cent.

Net revenue of the company rose moderately by 13.21 per cent at Rs 3,060.66 crore in January-March quarter of this fiscal as against Rs 2,703.47 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 77.44 per cent to Rs 1,284.38 crore from Rs 5,693.35 crore in year ago period.

Other Income grew by 5.42 per cent at Rs -77.27 crore versus (Mar'25 Rs -73.30 crore).

Operating Profit surged by 182.68 per cent to Rs 89.75 crore as against Rs 31.75 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 150.43 per cent in March quarter.

Taxation increased by 32.42 per cent at Rs 3.88 crore (Mar'25 Rs 2.93 crore).

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