ICICI Prudential Life Insurance Company Q3 Results 2025: Profit Rises by 43.18% YOY | Company Business News
ICICI Prudential Life Insurance Company Q3 Results 2025:ICICI Prudential Life Insurance Company declared their Q3 results on 21 Jan, 2025, revealing a profit rise of 43.18% year-over-year (YoY), amounting to ₹324.91 crore. However, the company’s revenue faced a significant decline of 82.82% YoY, totaling ₹4544.31 crore. Compared to the previous quarter, revenue declined by 81.94%, while profit increased by 29.45%.
The company’s selling, general, and administrative expenses saw a decrease of 7.78% quarter-on-quarter (q-o-q) but experienced a rise of 9.96% YoY. This indicates a mixed performance in cost management amidst fluctuating revenue.
Additionally, the operating income surged by 86.87% q-o-q and increased by an impressive 140.99% YoY, showcasing improved operational efficiency. The earnings per share (EPS) for Q3 stood at ₹2.21, reflecting a growth of 40.76% YoY.
ICICI Prudential Life Insurance Company has delivered a -1.03% return in the last week, -0.45% return in the past 6 months, and a -2.95% year-to-date (YTD) return.
Currently, the ICICI Prudential Life Insurance Company boasts a market capitalization of ₹91851.24 crore, with a 52-week high of ₹796.8 and a low of ₹475.2.
As of 22 Jan, 2025, among the 31 analysts covering the company, 2 analysts have issued a ‘Sell’ rating, 12 have given a ‘Hold’ rating, 6 have assigned a ‘Buy’ rating, and 11 have recommended a ‘Strong Buy’.
The consensus recommendation as of 22 Jan, 2025, was to ‘Buy’, indicating a generally positive outlook for the company despite the challenges faced in revenue.
ICICI Prudential Life Insurance Company Financials
| Period | Q3 (FY25) | Q2 (FY25) | Q-o-Q Growth | Q3 (FY24) | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 4544.31 | 25165.44 | -81.94% | 26445.9 | -82.82% |
| Selling/ General/ Admin Expenses Total | 586.1 | 635.52 | -7.78% | 533.02 | +9.96% |
| Total Operating Expense | 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 Taxes | 410.19 | 302.5 | +35.6% | 265.29 | +54.62% |
| Net Income | 324.91 | 250.99 | +29.45% | 226.92 | +43.18% |
| Diluted Normalized EPS | 2.21 | 1.65 | +33.94% | 1.57 | +40.76% |
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