Canara HSBC Life Q3 Profit Drops 6% to Rs 28 Cr
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Canara HSBC Life Insurance reports a 6% drop in Q3 net profit to Rs 27.65 crore. Total income rises to Rs 4,272.53 crore.
Photograph: Uttam Ghosh/Rediff.com
New Delhi, Jan 21 (PTI) Canara HSBC Life Insurance Company on Wednesday reported a nearly 6 per cent drop in net profit at Rs 27.65 crore for the three months ended December 2025.
The insurer had clocked a net profit of Rs 29.32 crore in the year-ago period.
Total income of the firm promoted by Canara Bank rose to Rs 4,272.53 crore from Rs 1,540 crore in Q3 FY25, according to a regulatory filing to the stock exchanges.
The company collected a net premium of Rs 2,867 crore in the quarter, up from Rs 2,005 crore a year ago.
This is the second set of quarterly numbers announced by the company after making its stock market debut in October.
The insurer had clocked a net profit of Rs 29.32 crore in the year-ago period.
Total income of the firm promoted by Canara Bank rose to Rs 4,272.53 crore from Rs 1,540 crore in Q3 FY25, according to a regulatory filing to the stock exchanges.
The company collected a net premium of Rs 2,867 crore in the quarter, up from Rs 2,005 crore a year ago.
This is the second set of quarterly numbers announced by the company after making its stock market debut in October.
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