Canara HSBC Life Insurance Company announced a nearly 9% increase in net profit, reporting ₹35 crore for the fourth quarter ending March 2026.
In the same period last year, the net profit was ₹32 crore.
Nonetheless, the total income for the firm, backed by Canara Bank, fell to ₹1,268 crore, down from ₹2,759 crore in Q4 FY25, according to a regulatory filing to the stock exchanges made by Canara HSBC Life Insurance.
The company recorded a net premium collection of ₹3,061 crore for the quarter, compared to ₹2,703 crore in the previous year.
During the quarter, investment income was negative at ₹1,716 crore, in contrast to ₹55 crore from the same period last year.
This is the third quarterly report the company has released since its stock market debut in October.
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