Canara HSBC Life Q4 net profit rises 9 pc to Rs 35 cr

Canara HSBC Life Insurance Company on Tuesday reported a nearly 9 per cent rise in net profit to Rs 35 crore for the fourth quarter ended March 2026. However, the total income of the firm promoted by Canara Bank declined to Rs 1,268 crore from Rs 2,759 crore in Q4 FY25, Canara HSBC Life Insurance said in a regulatory filing to the stock exchanges.

Canara HSBC Life Insurance Company on Tuesday reported a nearly 9 per cent rise in net profit to Rs 35 crore for the fourth quarter ended March 2026. The insurer had clocked a net profit of Rs 32 crore in the year-ago period. However, the total income of the firm promoted by Canara Bank declined to Rs 1,268 crore from Rs 2,759 crore in Q4 FY25, Canara HSBC Life Insurance said in a regulatory filing to the stock exchanges. The company collected a net premium of Rs 3,061 crore in the quarter against Rs 2,703 crore a year ago. Income from investment was negative at Rs 1,716 crore during the quarter compared to Rs 55 crore recorded in the same quarter a year ago. This is the third set of quarterly numbers announced by the company after making its stock market debut in October.