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News Details

15/04/2025 18:30

ICICI Pru Life Q4 net profit zooms 122.31% at Rs 386.29 cr

The company reported standalone net profit of Rs 386.29 crore for the quarter ended March 31, 2025 as compared to Rs 173.76 crore in the same period last year, registering a year-on-year growth of 122.31 per cent.

Net revenue of the company rose moderately by 10.69 per cent at Rs 16,369.17 crore in January-March quarter of this fiscal as against Rs 14,788.46 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 32.88 per cent to Rs 15,344.80 crore from Rs 22,860.12 crore in year ago period.

Other Income dipped by 67.45 per cent at Rs 175.16 crore versus (Mar'24 Rs 538.16 crore).

Operating Profit surged by 190.06 per cent to Rs 341.74 crore as against Rs -379.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 181.32 per cent in March quarter.

Taxation increased by 119.90 per cent at Rs 213.02 crore (Mar'24 Rs 96.87 crore).