ICICI Prudential Life Insurance Company's Q3 FY 2025-26 Quarterly Results
- 14 Jan 2026
Result Summary
- ICICI Prudential Life Insurance Company Ltd reported a 83.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 380.1%.
- Its expenses for the quarter were up by 85.4% QoQ and 423.5% YoY.
- The net profit increased 30.9% QoQ and increased 19.2% YoY.
- The earnings per share (EPS) of ICICI Prudential Life Insurance Company Ltd stood at 2.66 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 22591.14 | 12344.35 | 4705.34 | 83.0% | 380.1% |
Total Expenses | 22005.73 | 11870.08 | 4203.84 | 85.4% | 423.5% |
Profit Before Tax | 563.79 | 453.86 | 503.19 | 24.2% | 12.0% |
Tax | 111.00 | 93.43 | 85.28 | 18.8% | 30.2% |
Profit After Tax | 387.15 | 295.83 | 324.91 | 30.9% | 19.2% |
Earnings Per Share | 2.66 | 2.03 | 2.23 | 31.0% | 19.3% |
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 life insurance sector in India. The company provides a wide array of life insurance products, including term insurance plans, pension and retirement plans, and savings and investment solutions. As a joint venture between ICICI Bank and Prudential Corporation Holdings Limited, it leverages robust distribution networks and technological prowess to cater to the diverse insurance needs of its customers. The company has been focusing on enhancing customer experience through digital platforms and innovative product offerings. However, any recent major developments specific to this period are not available in the provided data.
Revenue
In the third quarter of the financial year 2026 (Q3FY26), ICICI Prudential Life Insurance Company Ltd reported a total income of ₹22,591.14 crores. This represents a significant quarter-over-quarter (QoQ) growth of 83.0% from the previous quarter (Q2FY26), where the total income was ₹12,344.35 crores. On a year-over-year (YoY) basis, the total income surged by 380.1%, a remarkable increase from ₹4,705.34 crores in the third quarter of the previous financial year (Q3FY25). This substantial growth highlights a robust revenue performance in the current quarter.
Profitability
The company's profitability metrics show a positive trajectory in Q3FY26. The profit before tax (PBT) stood at ₹563.79 crores, reflecting a 24.2% QoQ increase from ₹453.86 crores in Q2FY26 and a 12.0% YoY rise from ₹503.19 crores in Q3FY25. After accounting for taxes, the profit after tax (PAT) reached ₹387.15 crores, marking a 30.9% QoQ growth from ₹295.83 crores in the previous quarter and a 19.2% YoY increase from ₹324.91 crores in the corresponding quarter of the previous year. The earnings per share (EPS) also improved, increasing to ₹2.66 in Q3FY26 from ₹2.03 in Q2FY26 and ₹2.23 in Q3FY25, demonstrating a 31.0% QoQ and a 19.3% YoY growth.
Operating Metrics
The total expenses for ICICI Prudential Life Insurance Company Ltd in Q3FY26 amounted to ₹22,005.73 crores. This represents an 85.4% QoQ increase from ₹11,870.08 crores in Q2FY26, and a 423.5% YoY rise from ₹4,203.84 crores in Q3FY25. The tax expense for the current quarter was ₹111.00 crores, reflecting an 18.8% QoQ increase from ₹93.43 crores in the previous quarter and a 30.2% YoY growth from ₹85.28 crores in the same quarter of the previous year. These figures underscore the company's heightened operational activities and the associated costs during the period under review.