Annual Report 2017-2018 of HDFC Life Insurance Company Limited

It is a broadly described annual report of HDFC Life Insurance Company Limited in the year of 2017-2018. During the financial year, Total assets of the Company stood at as 31^st March 2018 is Rs. 1,06,603 Crores as against Rs. 91,742 Crores in the previous year. The total premium collected by the Company during the year observed an increase of 21% from Rs. 19,445 Crores in FY 2017 to Rs. 23,564 Crores in FY 2018. Total income of The Company for the year was Rs. 12,954,807 Crores. The Company posted Profit/(Loss) before Tax (PBT) for the year Rs. 11,267,446 Crores. The overall Profit after tax rose by 24% from Rs. 892 Crores in FY 2017 to Rs. 1,109 Crores in FY 2018. Basic and Diluted Earnings per Share for the year was Rs. 5.53 & Rs. 5.50.

The Board of Directors of the Company has declared an interim dividend of @Rs. 1.36 per equity share (face value of Rs. 10/- each) for FY 2018 as compared to Rs. 1.10 per equity share (face value of Rs. 10/- each) for FY 2017.

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