ICICI Prudential Life Insurance Company Ltd's Q1 FY 2025-26 Quarter Results
- 2d ago
Result Summary
- ICICI Prudential Life Insurance Company Ltd reported a 11.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 0.2%.
- Its expenses for the quarter were up by 9.4% QoQ and down 1.1% YoY.
- The net profit increased 73.3% QoQ and increased 34.2% YoY.
- The earnings per share (EPS) of ICICI Prudential Life Insurance Company Ltd stood at 2.1 during Q1 FY 2025-26.
Financial Statments for Q1FY26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 25578.58 | 23025.12 | 25632.88 | 11.1% | -0.2% |
Total Expenses | 25073.21 | 22916.97 | 25364.76 | 9.4% | -1.1% |
Profit Before Tax | 495.76 | 158.50 | 266.14 | 212.8% | 86.3% |
Tax | 89.15 | 96.74 | 46.68 | -7.8% | 91.0% |
Profit After Tax | 300.99 | 173.67 | 224.34 | 73.3% | 34.2% |
Earnings Per Share | 2.10 | 1.20 | 1.60 | 75.0% | 31.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
ICICI Prudential Life Insurance Company Ltd is a prominent player in the Indian life insurance sector. As a joint venture between ICICI Bank and Prudential Corporation Holdings Limited, the company offers a range of products including life insurance, health insurance, and pension products. With its strong market presence, ICICI Prudential Life Insurance focuses on providing long-term savings and protection products to meet the diverse needs of individuals and institutions. Recent developments for the company include expanding its digital initiatives to enhance customer experience and engagement. However, specific recent developments or strategic shifts are not available from the provided data.
ICICI Prudential Life Insurance Revenue
For the first quarter of fiscal year 2026 (Q1 FY 2025-26), ICICI Prudential Life Insurance reported a total income of ₹25,578.58 crores. This represents an increase of 11.1% from the previous quarter (Q4FY25), where the total income was ₹23,025.12 crores. Compared to the same quarter in the previous year (Q1FY25), the total income showed a slight decrease of 0.2% from ₹25,632.88 crores. These figures reflect the company's revenue performance over the different periods, highlighting both quarterly growth and a minor year-over-year contraction.
ICICI Prudential Life Insurance Profitability
In Q1 FY 2025-26, the company achieved a profit before tax of ₹495.76 crores, marking a significant increase of 212.8% from the previous quarter's ₹158.50 crores. Year-over-year, this represents an 86.3% increase from the ₹266.14 crores recorded in Q1FY25. The profit after tax for the same quarter was ₹300.99 crores, up 73.3% from Q4FY25's ₹173.67 crores, and a 34.2% increase from ₹224.34 crores in Q1FY25. The company's earnings per share rose to ₹2.10, a 75.0% increase from the previous quarter and 31.3% higher than the same quarter last year. These metrics demonstrate the company’s profitability trajectory over the analyzed periods without drawing conclusions.
ICICI Prudential Life Insurance Operating Metrics
Total expenses for ICICI Prudential Life Insurance in Q1 FY 2025-26 amounted to ₹25,073.21 crores, which is a 9.4% increase from the previous quarter's expenses of ₹22,916.97 crores. Compared to Q1FY25, there was a slight decrease of 1.1% from ₹25,364.76 crores. Tax expenses were reported at ₹89.15 crores in Q1FY26, showing a 7.8% decrease from Q4FY25's ₹96.74 crores and a 91.0% increase from ₹46.68 crores in Q1FY25. These operational figures provide insight into the company's cost management and tax liabilities over the respective periods.