ICICI Prudential Life Insurance Company Ltd's Q4FY25 Quarter Results
- 16 Apr 2025
Result Summary
- ICICI Prudential Life Insurance Company Ltd reported a 389.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 113.8%.
- Its expenses for the quarter were up by 445.1% QoQ and 121.9% YoY.
- The net profit decreased 46.5% QoQ and decreased 26.2% YoY.
- The earnings per share (EPS) of ICICI Prudential Life Insurance Company Ltd stood at 1.2 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 23025.12 | 4705.34 | 10767.43 | 389.3% | 113.8% |
Total Expenses | 22916.97 | 4203.84 | 10326.18 | 445.1% | 121.9% |
Profit Before Tax | 158.50 | 503.19 | 401.32 | -68.5% | -60.5% |
Tax | 96.74 | 85.28 | 129.03 | 13.4% | -25.0% |
Profit After Tax | 173.67 | 324.91 | 235.26 | -46.5% | -26.2% |
Earnings Per Share | 1.20 | 2.20 | 1.60 | -45.5% | -25.0% |
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, a prominent player in the Indian insurance industry, primarily offers life insurance products. These products include a wide range of offerings such as term insurance, health insurance, unit-linked insurance plans (ULIPs), and savings and investment plans. ICICI Prudential is a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited. Over the years, it has established a significant presence in the market, known for its wide distribution network and innovative product offerings. The company operates within the broader financial services sector, focusing on providing comprehensive insurance solutions to individuals and businesses. Recent major developments in the company are not available for this period, as the data provided does not include such information.
Revenue
In the fourth quarter of the fiscal year 2025 (Q4FY25), ICICI Prudential Life Insurance Company Ltd reported a total income of ₹23,025.12 crores. This represents a substantial increase of 389.3% on a quarter-over-quarter (QoQ) basis compared to the third quarter of the fiscal year 2025 (Q3FY25), where the total income was ₹4,705.34 crores. On a year-over-year (YoY) basis, there was an impressive 113.8% growth from the fourth quarter of the fiscal year 2024 (Q4FY24), which recorded a total income of ₹10,767.43 crores. These figures reflect a significant expansion in revenue generation over both the preceding quarter and the corresponding quarter of the previous year.
Profitability
The company's profitability metrics reveal a challenging quarter in Q4FY25. Profit Before Tax (PBT) declined to ₹158.50 crores, marking a decrease of 68.5% QoQ from ₹503.19 crores in Q3FY25 and a 60.5% decrease YoY from ₹401.32 crores in Q4FY24. The tax expense for Q4FY25 was ₹96.74 crores, which increased by 13.4% QoQ compared to ₹85.28 crores in Q3FY25 but decreased by 25% YoY from ₹129.03 crores in Q4FY24. Consequently, Profit After Tax (PAT) for Q4FY25 was ₹173.67 crores, reflecting a decline of 46.5% QoQ from ₹324.91 crores in Q3FY25 and a 26.2% decrease YoY from ₹235.26 crores in Q4FY24. Earnings Per Share (EPS) stood at ₹1.20 in Q4FY25, down 45.5% QoQ from ₹2.20 in Q3FY25 and 25% lower YoY from ₹1.60 in Q4FY24.
Operating Metrics
The financial data for ICICI Prudential Life Insurance Company Ltd in Q4FY25 indicates a significant increase in total expenses, which were ₹22,916.97 crores. This is a rise of 445.1% QoQ from ₹4,203.84 crores in Q3FY25 and a 121.9% increase YoY from ₹10,326.18 crores in Q4FY24. This sharp increase in expenses outpaced revenue growth, impacting profitability metrics. The company's operating performance, as measured by the substantial rise in expenses, suggests a higher cost structure in Q4FY25 compared to both the prior quarter and the same quarter in the previous year. The detailed financial ratios, such as P/E ratio, debt-to-equity ratio, and current ratio, are not provided in the data, hence cannot be calculated or analyzed in this report.
