ICICI Prudential Life climbs after Q2 profit rises 25.1% YoY; H1 PAT grows 26.5%
Mumbai, Oct. 14 -- The company's profit after tax increased 26.5% YoY to Rs 760 crore in H1 FY27. Value of New Business (VNB) rose 22.3% to Rs 1,283 crore, with a VNB margin of 26%.
For Q2 FY27, standalone profit after tax increased 25.1% YoY to Rs 374 crore, compared with Rs 299 crore in Q2 FY26, while it declined 3.1% QoQ from Rs 386 crore in Q1 FY27.
Net premium earned increased 16.5% YoY and 41.6% QoQ to Rs 13,804 crore in Q2 FY27. Total income rose 0.9% YoY but declined 57.7% QoQ to Rs 12,100 crore, reflecting a sharp sequential decline in investment income. Investment income declined from Rs 18,763 crore in Q1 FY27 to a loss of Rs 1,773 crore in Q2 FY27.
Profit before tax increased 25.4% YoY and 0.9% QoQ to Rs 435 crore in Q2 FY2...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.