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
period | Q3 (FY2025) | Q2 (FY25) | month-on-month growth | Q3 (FY2024) | year-on-year growth |
---|---|---|---|---|---|
total revenue | 4544.31 | 25165.44 | -81.94% | 26445.9 | -82.82% |
Total Selling/General/Administrative Expenses | 586.1 | 635.52 | -7.78% | 533.02 | +9.96% |
total operating expenses | 4101.15 | 24928.29 | -83.55% | 26262.01 | -84.38% |
operating income | 443.16 | 237.15 | +86.87% | 183.89 | +140.99% |
net income before tax | 410.19 | 302.5 | +35.6% | 265.29 | +54.62% |
net income | 324.91 | 250.99 | +29.45% | 226.92 | +43.18% |
Diluted normalized earnings per share | 2.21 | 1.65 | +33.94% | 1.57 | +40.76% |
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
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