India's HDFC Life Insurance reported a 14% rise in third-quarter profit on Wednesday, helped by growth in the sales of retail insurance policies.

The growth in profit after tax (PAT) was driven by a record 24 per cent rise in HDFC Life's individual annual premium equivalent (APE). However, on a sequential basis, PAT decreased by 3.2 per ...

HDFC Life reported a 14% rise in net profit to Rs 415 crore for the December quarter, up from Rs 365 crore a year ago. However, total income declined to Rs 16,914 crore from Rs 26,694 crore.