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HDFC Life Q2 Results Preview: APE may grow up to 26% YoY, VNB in range of 12-22%
The value of new businesses (VNBs) for Q2FY25 is projected to be between Rs 900-978 crore, reflecting a year-on-year growth of 12% to 22%, according to brokerage estimates. Sequentially, annualized premium equivalent (APE) could rise by 24-34%, while VNB is expected to increase by 25-36%.