Canara HSBC Life net profit up 9% in Q4; total income halves YoY

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Canara HSBC Life Insurance Company on Tuesday reported a nearly 9 percent rise in net profit to Rs 35 crore for the fourth quarter ended March 2026.

By PTI April 28, 2026, 11:16:39 PM IST (Published)

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Canara HSBC Life Insurance Company on Tuesday reported a nearly 9% rise in net profit to ₹35 crore for the fourth quarter ended March 2026.

The insurer had clocked a net profit of ₹32 crore in the year-ago period.

However, the total income of the firm promoted by Canara Bank

declined to ₹1,268 crore from ₹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 ₹3,061 crore in the quarter against ₹2,703 crore a year ago.

Income from investment was negative at ₹1,716 crore during the quarter compared to ₹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.