HDFC Life’s Board of Directors approved the unaudited financial results for Q3 2026, subject to limited review by statutory auditors. Additionally, a change in joint statutory auditors was recommended, with KKC & Associates LLP proposed to replace M/s G.M. Kapadia & Co., who are completing their ten-year tenure. The meeting concluded on January 15, 2026, marking key decisions for the company’s financial oversight.
Financial Performance Approved
The Board of Directors at HDFC Life approved the unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025. These results underwent a limited review by the current Joint Statutory Auditors, M/s G.M. Kapadia & Co. and M/s BSR & Co. LLP.
Auditor Appointment Recommendation
Following the Audit Committee’s recommendation, the Board considered and suggested the appointment of KKC & Associates LLP as a Joint Statutory Auditor for a term of four consecutive years. This appointment is subject to member approval at the upcoming Annual General Meeting (AGM). KKC & Associates LLP, formerly known as Khimji Kunverji & Co LLP, will succeed M/s G.M. Kapadia & Co.
Auditor Rotation Details
M/s G.M. Kapadia & Co. will conclude their tenure of ten years at the upcoming AGM. The company’s existing Joint Statutory Auditors include M/s G. M. Kapadia & Co. and M/s BSR & Co. LLP. This change ensures compliance with regulatory requirements and good governance practices.
Financial Highlights
Key financial figures from the standalone results include:
- Net premium income: ₹1,824,239 Lakh for Q3 2026.
- Income from investments (net): ₹1,065,074 Lakh for Q3 2026.
- Total expenses of management: ₹453,268 Lakh for Q3 2026.
Source: BSE
