Mumbai, Oct 14
ICICI Prudential Life Insurance on Tuesday reported a 1.72 per cent decline in its net profit for the July–September quarter (Q2) of FY26, coming in at Rs 295.8 crore compared to Rs 300.99 crore in the same period previous financial year (Q1 FY26).
However, on year-on-year (YoY), the insurer reported an 18 per cent rise in net profit, compared with Rs 251 crore in the same period last financial year (Q2 FY25), according to its stock exchange filing
Assets under management (AUM) increased to Rs 3.21 lakh crore from Rs 3.09 lakh crore in September 2024, while embedded value (EV) rose to Rs 50,501 crore from Rs 47,951 crore.
Following the announcement, ICICI Prudential Life Insurance shares gained 3 per cent to Rs 610.65 on the BSE