ICICI Life Insurance Q2 FY27 Profit Rises 25% To ₹374.22 Crore; Net Premium Income Up 17%
Mumbai: ICICI Life Insurance Limited , formerly known as ICICI Prudential Life Insurance Company Limited, reported a 25 percent year-on-year increase in standalone net profit to Rs 374.22 crore for the quarter ended September 30, 2026 (Q2 FY27), compared with Rs 299.26 crore in the corresponding quarter of the previous financial year. The life insurer's net premium income increased 16.6 percent…
ICICI Life Insurance Limited, formerly ICICI Prudential Life Insurance Company, announced a 25% rise in standalone net profit for Q2 FY27 to Rs 374.22 crore, up from Rs 299.26 crore in Q2 FY26. Net premium income grew 16.6% to Rs 13,803.90 crore, compared to Rs 11,843.10 crore in the previous quarter. Profit before tax also increased 25.4% to Rs 435.32 crore, driven by a 23.3% rise in management expenses to Rs 2,654.17 crore.
Net benefits paid to policyholders climbed to Rs 12,923.89 crore, while EPS saw a modest increase to Rs 2.58 from Rs 2.07. On a quarter-on-quarter basis, net profit declined 3.1% and net premium income rose 41.6%. For the half-year, net profit increased 26.4% to Rs 760.40 crore, and net premium income grew 15.8% to Rs 23,553.23 crore. Solvency ratio improved to 229.9% as of September 30, 2026, up from 213.2% a year earlier.
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