HDFC Life on Tuesday reported a 14.85 per cent year-on-year (Y-o-Y) improve in internet revenue at Rs 433 crore for the second quarter (Q2) of 2024-25 (FY25), primarily pushed by progress in its again guide. Its worth of latest enterprise (VNB) elevated 17.1 per cent Y-o-Y to Rs 938 crore in Q2, up from Rs 801 crore in the identical interval final yr. The insurer’s VNB margin, a measure of profitability, contracted to 24.3 per cent in comparison with 26.3 per cent final yr, as low-margin unit-linked insurance policies dominated product gross sales. It closed 3.6 per cent decrease after
