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Amid industry gloom, some life insurers see rise in profits

Amid industry gloom, some life insurers see rise in profits

Rediff.com26 Aug 2013

HDFC Life, which posted a consolidated net profit of Rs 281.83 crore (Rs 2.81 billion) for the quarter ended June compared with Rs 11.92 crore (Rs 119.2 million) in corresponding period last year (according to HDFC's first quarter results), has diversified its distribution mix.