ICICI Prudential Life Insurance MD and CEO Anup Bagchi said, “We reported a total premium growth of 8.1 per cent year-on-year in Q1 FY2026 on the back of our extensive distribution and comprehensive product suite”.
New Delhi: ICICI Prudential Life Insurance on Tuesday reported a 34 per cent growth in net profit to Rs 302 crore for the June 2025 quarter, driven by higher premium income and lower expenses.
The private sector insurer recorded a net profit of Rs 225 crore in the April-June period of FY25.
The net premium income of the insurance firm rose to Rs 8,503 crore at the end of the June quarter of FY26 from Rs 7,875 crore a year ago.
Its total expenses fell to Rs 1,892 crore during the June quarter from Rs 1,985 crore in the same period last year.
ICICI Prudential Life Insurance MD and CEO Anup Bagchi said, “We reported a total premium growth of 8.1 per cent year-on-year in Q1 FY2026 on the back of our extensive distribution and comprehensive product suite”.
Shares of ICICI Pru Life closed at Rs 669.70, down 0.44 per cent over its previous close on BSE.