ICICI Prudential Life Q2 FY26 result: Net profit jumps 18% to ₹296 cr

ICICI Prudential Life Insurance's net premium income increased 10.1 per cent Y-o-Y to ₹11,843 crore in the quarter, compared with ₹10,754 crore in Q2 FY25, and was up 39 per cent on a sequential basis

ICICI Prudential Life Insurance Company on Tuesday reported a consolidated net profit of ₹296 crore for the second quarter of the financial year 2025-26 (Q2 FY26), up 18 per cent from ₹250.99 crore in the same quarter last year. Sequentially, profit dropped marginally from ₹300.99 crore. 

 

The spike in profit was due to growth in non-market-linked products and lower expenses.

 

The company’s net premium income increased 10.1 per cent year-on-year (Y-o-Y) to ₹11,843 crore in the quarter, compared with ₹10,754 crore in Q2 FY25. On a sequential basis, net premium income jumped 39 per cent from ₹8,503.19 crore.