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News Details

21/01/2026 17:50

Canara HSBC Life Q3 net profit down 5.70% at Rs 27.65 cr

The company reported standalone net profit of Rs 27.65 crore for the quarter ended December 31, 2025 as compared to Rs 29.32 crore in the same period last year, registering a year-on-year decline of 5.70 per cent.

Net revenue of the company rose substantially by 42.98 per cent at Rs 2,867.16 crore in October-December quarter of this fiscal as against Rs 2,005.32 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 185.34 per cent to Rs 4,271.31 crore from Rs 1,496.90 crore in year ago period.

Other Income grew by 99.13 per cent at Rs 101.04 crore versus (Dec'24 Rs 50.74 crore).

Operating Profit slipped by 453.61 per cent to Rs -69.06 crore as against Rs 19.53 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 348.45 per cent in December quarter.

Taxation increased by 357.26 per cent at Rs 3.19 crore (Dec'24 Rs -1.24 crore).