ICICI Prudential Life Insurance Company Q2FY18 consolidated net profit rises marginally to Rs.421 crore

India Infoline Research Team | October 24, 2017 18:24 IST

ICICI Prudential Life Insurance Company Ltd Q2FY18

Consolidated Results Q2FY18: (Rs. in crore)

Q2FY18 YoY (%)
Net Premium Income 6,540 20.6
Net Profit  421 0.5



Reco. Price


Last updated on


ICICI Prudential Life Insurance Company reported its Q2FY18 standalone results  today.

ICICI Prudential Life Insurance Company’s H1FY18 new business Annualised Premium Equivalents (APE) increased by 36.8% yoy to Rs. 3574 crore.

The net premium income increased by 20% yoy to Rs. 6540 crore. This was driven by increase in first premium, renewal premium and single premium by 16.8% yoy, 22.7% yoy and 18.1% yoy, respectively.

For the last quarter, the company had an overall market share of 13.7% and a private market share of 24.6% in H1FY2018.

The company registered 38.8% yoy growth in retail weighted received premium for H1FY18

And the net profit for the period came in at Rs. 421 crore, a yoy increase of 0.5%.

The company’s total AUM as of Q2FY18 stood at Rs.130591 crore. While Solvency ratio was 275% for Q2FY18.

Technical View:

ICICI Prudential Life Insurance Company Ltd is currently trading at Rs. 390.05, down by 0 points or 0% from its previous closing of Rs. 390.05 on the BSE.
The scrip opened at Rs. 390 and has touched a high and low of Rs. 395.15 and Rs. 390 respectively. So far 8,93,521(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 100 DMA.

BSE 381.45 9.95 (2.68%)
NSE 381.75 10.55 (2.84%)

***Note: This is a NSE Chart



  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.