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Canara HSBC Life Insurance shares jump 10% after Q4 profit and new business surge

Business
Published on 29 April 2026
Canara HSBC Life Insurance shares jump 10% after Q4 profit and new business surge

New business value rockets nearly half

Canara HSBC Life Insurance shares rose about 10% after Q4 FY26 net profit increased nearly 9% to Rs 35 crore. The company also reported a 13% jump in APE and a sharp 49% rise in VNB to Rs 214 crore, while VNB margins expanded to 30.4%, signaling stronger growth momentum.

  • Q4 FY26 net profit rose nearly 9% to Rs 35 crore
  • APE increased 13% year over year
  • VNB surged 49% to Rs 214 crore
  • VNB margins climbed to 30.4%
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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