Q4 FY25 Results Update: ICICI group insurers ICICI Lombard General Insurance and ICICI Prudential Life Insurance reported their financial results on Tuesday. While the life insurer beat analysts’ expectations, the general insurance provider staged a mixed financial performance for the final quarter of the financial year ended March 31. Read on to learn about their earnings reports in detail.
ICICI Prudential Q4 FY25 Earnings Highlights
The company registered a standalone net profit of Rs 385 crore for the quarter ended March 31, more than double over its net profit of Rs 174 crore for the corresponding period a year ago.
Its gross premium income increased 7.2 per cent to Rs 16,832 crore on a year-on-year basis, according to a regulatory filing.
ICICI Pru’s value of new business (VNB) margin, a key measure of profitability for insurance businesses, improved by 120 basis points (bps) to 22.7 per cent.
According to Zee Business research, ICICI Prudential was expected to log a net profit of Rs 290 crore with a gross premium income of Rs 16,240 crore.
ALSO READ: ICICI Prudential Life Insurance gets demand notice of Rs 328.4 crore from Income Tax Department
ICICI Lombard Q4 FY25 Results Highlights
The general insurance provider registered a net profit of Rs 510 crore for the March quarter, marking a year-on-year decline of 1.9 per cent.
Its premium earned increased 19.6 per cent to Rs 5,226 crore, according to a filing.
Zee Business analysts had pegged ICICI Lombard’s quarterly net profit at Rs 510 crore and its premium earned at Rs 5,050 crore.
ICICIPRULI & ICICIGI Share Price News
On Tuesday, ICICI Prudential and ICICI Lombard shares ended 2.6 per cent and 6.0 per cent higher at Rs 567.6 and Rs 1,821.4 apiece on BSE, respectively.
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