Archive · 20 Jul 2026
Canara HSBC Life Insurance Reports Q1 FY27 Profit
Canara HSBC Life Insurance Company recently shared their financial results for the first three months of the fiscal year 2026-27.
They made a profit of ₹28.14 crore, which is a bit less than the previous quarter but more than the same time last year.
Their total income was ₹4,346.98 crore, and they spent ₹4,279.18 crore.
The money they made from investments was ₹2,268.79 crore.
Each share of the company is worth ₹0.30 in earnings.
They also have a solvency ratio of 198%, which means they have enough money to cover their risks.
Canara HSBC Life Insurance reported a profit after tax of ₹28.14 crore for Q1 FY27, a 19.02% decline sequentially but a 20.08% increase year-on-year.
Total income for the quarter was ₹4,346.98 crore, up from ₹267.54 crore in the previous quarter.
Total expenses were ₹4,279.18 crore for the quarter, increasing from ₹1,360.85 crore in the previous quarter.
Investment income, net of amortisation and losses, was ₹2,268.79 crore, attributed to the Mark to Market impact on equity investments.
Basic earnings per share were ₹0.30, lower than the previous quarter but higher than the same quarter last year.
- Who
- Canara HSBC Life Insurance Company Ltd
- What
- Reported Q1 FY27 financial results
- When
- For the quarter ended 30 June 2026
- Where
- Mumbai
- Why
- To announce their financial performance
- Profit After Tax
- ₹28.14 crore
- Sequential Decline
- 19.02%
- Year-on-Year Growth
- 20.08%
- Total Income
- ₹4,346.98 crore
- Total Expenses
- ₹4,279.18 crore
- Investment Income
- ₹2,268.79 crore
- Earnings Per Share
- ₹0.30
- Solvency Ratio
- 198%