ICICI Prudential Life Insurance Company third quarter results of 2025: profit increased by 43.18% year-on-year

ICICI Prudential Life Insurance Company third quarter results of 2025: profit increased by 43.18% year-on-year

2025-01-22 10:48:44 :

ICICI Prudential Life Insurance Company’s third quarter results for 2025: ICICI Prudential Life Insurance Company announced its third quarter results on January 21, 2025. The profit increased by 43.18% year-on-year, equivalent to $324.91 Crores. However, the company’s revenue fell sharply by 82.82% year-on-year. $4544.31 Crores. Compared with the previous quarter, revenue fell by 81.94% and profit increased by 29.45%.

The company’s selling expenses, general expenses and administrative expenses decreased by 7.78% month-on-month, but increased by 9.96% year-on-year. This suggests a mixed performance in cost management amid revenue fluctuations.

In addition, operating income increased by 86.87% month-on-month and 140.99% year-on-year, and operational efficiency improved. Earnings per share (EPS) for the third quarter were $2.21, a year-on-year increase of 40.76%.

ICICI Prudential Life Insurance Company’s return was -1.03% last week, -0.45% over the past six months, and -2.95% year-to-date (YTD).

Currently, the market capitalization of ICICI Prudential Life Insurance Company is $91851.24 Crores, a new 52-week high $796.8 and minimum $475.2.

As of January 22, 2025, of the 31 analysts covering the company, 2 analysts have a “sell” rating, 12 analysts have a “hold” rating, and 6 analysts have a “buy” rating Ratings, 11 analysts gave it a ‘Strong’ rating of ‘Buy’.

As of January 22, 2025, the consensus recommendation was “Buy,” indicating an overall positive outlook for the company despite revenue challenges.

ICICI Prudential Life Insurance Company Financial Status

periodQ3 (FY2025)Q2 (FY25)month-on-month growthQ3 (FY2024)year-on-year growth
total revenue4544.3125165.44-81.94%26445.9-82.82%
Total Selling/General/Administrative Expenses586.1635.52-7.78%533.02+9.96%
total operating expenses4101.1524928.29-83.55%26262.01-84.38%
operating income443.16237.15+86.87%183.89+140.99%
net income before tax410.19302.5+35.6%265.29+54.62%
net income324.91250.99+29.45%226.92+43.18%
Diluted normalized earnings per share2.211.65+33.94%1.57+40.76%
Get the latest updates on quarterly results with our results calendar

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

Follow us On Social Media   Twitter/X

Join WhatsApp

Join Now

---Advertisement---