Canara HSBC Life Insurance Company Ltd
Canara HSBC Life Insurance Q2 FY27 Unaudited Results: PAT ₹4,305 Lakhs
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 09 Oct 2026, 04:45 PM IST · BSE ID: a009f013-a7e8-4a69-a4e7-22c0a5e82b69
View Original BSE Filing (PDF)
💡
In Simple Terms
Canara HSBC Life Insurance released its latest financial results, showing a net profit of ₹4,305 Lakhs for the recent quarter.
🤖 AI Summary
- Canara HSBC Life Insurance reported net profit after tax of ₹4,305 Lakhs for the quarter ended September 30, 2026.
- Half-year net profit after tax stood at ₹7,119 Lakhs for the period ended September 30, 2026.
- The Board of Directors approved the unaudited financial results in their meeting on October 9, 2026.
- Joint statutory auditors issued a limited review report on the financial results without any observations or remarks.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit after tax (Q2 FY27)
₹4,305 Lakhs
Net Profit after tax (H1 FY27)
₹7,119 Lakhs
Gross Premium Income (H1 FY27)
₹440,796 Lakhs
Net Premium Income (H1 FY27)
₹123,640 Lakhs
🏢 How This Affects the Company
The company reported a net profit after tax of ₹4,305 Lakhs for Q2 FY27 and ₹7,119 Lakhs for H1 FY27, reflecting earnings for the periods.
The auditors highlighted the deferral of Ind AS adoption for one year, as permitted by IRDAI, in their emphasis of matter note.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected as these results provide an update on the company's financial performance and position for Q2 and H1 FY27.
🔍
Management Signal
Management confirmed adherence to regulatory and accounting standards, including the deferral of Ind AS adoption with IRDAI permission.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — review premium income trends.
Next financial year results — observe Ind AS adoption status.
IRDAI regulatory updates — check for changes in accounting forbearance.
MEDIUM RISK
The sequential decline in investment income due to MTM impact on equity investments in ULIP funds presents a financial volatility risk.
💡 Investor Takeaway
Canara HSBC Life Insurance reported a net profit after tax of ₹4,305 Lakhs for Q2 FY27 and ₹7,119 Lakhs for H1 FY27. Net Premium Income for H1 FY27 was ₹123,640 Lakhs. The company has deferred Ind AS adoption for one year as permitted by IRDAI.
⚖️ Strengths & Concerns
✅ Positives
- Net profit after tax for H1 FY27 was ₹7,119 Lakhs, demonstrating half-yearly profitability.
- The joint statutory auditors issued a limited review report without any observations or remarks.
⚠️ Concerns
- Net Premium Income for Q2 FY27 was ₹53,165 Lakhs, a decrease from ₹70,475 Lakhs in Q1 FY27.
- Income from investments (Net) for Q2 FY27 was ₹62,122 Lakhs, lower than ₹226,879 Lakhs in Q1 FY27, attributed to MTM impact on equity investments in ULIP funds.
📅 Company Track Record
Previous filings indicated Canara HSBC Life Insurance's H1 FY27 VNB increased 24% to ₹2,658 Mn and FY26 VNB surged 41% to ₹6,273 Million. FY26 audited results reported Total Premium of ₹10,046 Crore and VNB of ₹627 Crore.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Canara HSBC Life Insurance's net profit after tax for the quarter ended September 30, 2026?
Canara HSBC Life Insurance reported a net profit after tax of ₹4,305 Lakhs for the quarter ended September 30, 2026.
What was Canara HSBC Life Insurance's net profit after tax for the half-year ended September 30, 2026?
The net profit after tax for Canara HSBC Life Insurance for the half-year ended September 30, 2026, was ₹7,119 Lakhs.
What was the Net Premium Income for Canara HSBC Life Insurance for Q2 FY27?
Net Premium Income for Canara HSBC Life Insurance for the quarter ended September 30, 2026, was ₹53,165 Lakhs.
What was the change in Income from Investments (Net) for Canara HSBC Life Insurance in Q2 FY27?
Income from Investments (Net) was ₹62,122 Lakhs for Q2 FY27, which was lower than ₹226,879 Lakhs in Q1 FY27 due to Mark to Market (MTM) impact on investments in equity markets within Unit Linked Funds.
Has Canara HSBC Life Insurance adopted Ind AS in its Q2 FY27 financial statements?
No, Canara HSBC Life Insurance has deferred the adoption of Ind AS for a period of one year, as permitted by IRDAI.
Questions based on this BSE filing only. For information purposes.