HDFC Life Q3 profit rises 14% to Rs 415 crore
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HDFC Life reported a 14% rise in net profit to Rs 415 crore for the December quarter, up from Rs 365 crore a year ago. However, total income declined to Rs 16,914 crore from Rs 26,694 crore. The solvency ratio dropped slightly to 188% from 190%, still above the regulatory requirement of 150%. What's Your Reaction?
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