Canara HSBC Life reported a 5% year-on-year increase in second-quarter profit, taking the figure to Rs 43 crore.
Profit grows in the second quarter
The result marks an increase from the company’s profit in the corresponding quarter a year earlier. The reported second-quarter profit stood at Rs 43 crore.
Key result
The available information highlights profit growth of 5% on a year-on-year basis. No further details on revenue, premiums or the factors behind the change were provided.
Canara HSBC Life’s second-quarter earnings update adds to the company’s reported financial performance for the period, with profit reaching Rs 43 crore.