ICICI Prudential Declares Re 0.85/Sh Dividend, 39.6% Rise In PAT

ICICI Prudential Life Insurance Company Ltd share price today ended with the gain of 2.62% to Rs 567.60 per share on Bombay Stock Exchange as Sensex surged 1577.63 to 76,734.89. The Board of Directors of ICICI Prudential recommended a final dividend of Re 0.85 per share with record date yet to be declared. The scrip surged 1.89% in last 1-week and tumbled 14.09% year-to-date. The company today reported a jump of 39.6% in its profit after tax (PAT) to Rs 1189 crore for FY2025 amid strong growth registered in its retail protection business. Meanwhile, the company has a market cap of Rs 82,039.71 crore. Check more details below:

ICICI Prudential Life Insurance Recommends Dividend: According to the exchange filing of the company dated April 15, 2025, “Recommendation of final dividend of Re 0.85 per equity share of face value of Rs 10 each, to the shareholders of the Company which shall be subject to the shareholders’ approval at the ensuing Annual General Meeting.” The final dividend shall be paid to the eligible shareholders within 30 days from the declaration at the ensuing Annual General Meeting of the Company.

ICICI Prudential Declares Re 0.85/Sh Dividend, 39.6% Jump In PAT

ICICI Prudential Life Insurance Declares Financial Results

The total Annualised Premium Equivalent (APE) grew by 15% year-on-year to Rs 10,407 crore in FY2025. Retail protection business APE grew by 25.1% year-on-year to Rs 598 crore in FY2025. Annuity business grew at a two-year CAGR of 31.4% in FY2025. The Company’s retail New Business Sum Assured (NBSA) grew by 37% year-on-year to Rs 3.32 lakh crore in FY2025. The total in-force sum assured, which is the quantum of life cover taken by customers of the Company, grew by 15.6% year-on-year to Rs 39.43 lakh crore, according to the exchange filing of the company.

In FY2025, APE contribution from agency, direct, bancassurance, partnership distribution, and group channels stood at 28.9%, 14.4%, 29.4%, 10.9% and 16.4% respectively. The assets under management of the Company stood at 3.09 lakh crore as on March 31, 2025. This is an outcome of the trust reposed in the Company by customers, growth in new business, strong persistency and robust fund management, added the BSE filing.

Commenting on the results, Mr. Anup Bagchi, MD & CEO, ICICI Prudential Life Insurance said, “We are pleased to announce that we have crossed Rs 10,000 crore APE for the first time, marking a significant milestone in our growth journey. Notably, we have also provided insurance coverage to over 9 crore lives as on March 31, 2025. Our Retail Weighted Received Premium (RWRP) growth of 15.2% in FY2025, demonstrates our ability to deliver superior performance in a competitive landscape. This has resulted in a robust year-on-year growth of 39.6% in Profit After Tax to 1,189 crore for FY2025. Our FY2025 Value of New Business stood at 2,370 crore with a margin of 22.8%.”

ICICI Prudential Life Insurance Shares Performance

The 52-week high price of ICICI Prudential Life Insurance shares on BSE is Rs 795.00 per share (as on 01/10/2024) and 52-week low price is Rs 516.45 per share (as on 04/06/2024), respectively. The insurer witnessed decline of 7.89% in last 1-years and recorded rally of 28.17% in last 2-years. The scrip posted gains of 72.47% in last 5-years.

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