Annual Report 2016-2017 of HDFC Life Insurance Company Limited

It is a broadly described annual report of HDFC Life Insurance Company Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at as 31^st March 2017 is Rs. 91,742 Crores as against Rs. 74,247 Crores in the previous year. The total premium collected by the Company during the year saw a strong increase of 19% from Rs. 16,313 Crores in FY 2016 to Rs. 19,445 Crores in FY 2017. Total income of The Company for the year was Rs. 10,131,997 Crores. The Company posted Profit/(Loss) before Tax (PBT) for the year Rs. 9,141,433 Crores. The overall Profit after tax rose by 9% from Rs. 818 Crores in FY 2016 to Rs. 892 Crores in FY 2017. Basic and Diluted Earnings per Share for the year was Rs. 4.47 & Rs. 4.44.

The Board of Directors of the Company has declared an interim dividend @ Rs. 1.10 per equity share (face value of Rs. 10/- each) for the year 2016-2017.

More Annual Report of HDFC Life Insurance Company Limited: