ICICI Pru Q3 FY25 Results Preview: ICICI Prudential Life Insurance Company (ICICIPRULI) is set to report its quarterly earnings on Tuesday, January 21. Analysts expect the private sector life insurance company to stage a stable financial performance for the third quarter of the current financial year.
ICICI Pru Q3 FY25 Earnings Preview | What to expect in top-line and bottom-line?
According to Zee Business research, ICICI Prudential Life Insurance Company is estimated to register a net profit of Rs 250 crore for the quarter ended December 31, which translates to an increase of 12 per cent over the corresponding period a year ago.
The analysts expect the life insurer to register quarterly gross premiums of Rs 13,360 crore for the third quarter, marking growth of about 30 per cent on a year-on-year basis.
ICICI Prudential Life Insurance Company’s third-quarter new business annualised premium equivalent (APE)—a key measure of an insurance business’s sales—is estimated to be at Rs 2,600 crore, up 36.2 per cent on a year-on-year basis, according to the research.
Zee Business analysts expect ICICI Prudential’s value of new business (VNB) margin, a key measure of profitability, to improve by 10 basis points (bps) to 23 per cent for the December quarter.
They expect the private sector life insurer to stage strong growth in new business premiums, a recovery in its protection segment and robust numbers in its non-linked business.
Investors will keenly look out for the life insurer’s outlook on its expense ratio.
The expense ratio is an important metric for insurance businesses. It determines the proportion of premium income that it uses to operate its business.
ICICI Prudential Life Insurance (ICICIPRULI) Share Price
As of January 20, ICICI Prudential Life Insurance Company (ICICIPRULI) shares have grown 34.5 per cent in the past one year, marking a sharp outperformance compared to returns of almost 10 per cent each in the Nifty50 and Nifty Bank indices.
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