Weekly Recap: VNB margin ~25.6% and GST order confirming sizeable tax demand
HDFC Life Insurance Co. Ltd. (NSE:HDFCLIFE) reported a Q1 FY27 VNB margin of 25%—about 25.6% excluding a GST restructuring—with underlying profit growth of ~17% versus reported 12%, even as it faces a sizeable GST demand for Jul 2017—Mar 2022 that it will appeal to GSTAT.Previous Week RecapThis is…