ICICI Prudential Life Insurance reports a 26% net profit decline to Rs 174 crore in Q4FY24.
ICICI Prudential shares drop nearly 7% after Q4 earnings announcement; net profit falls 26%. ICICI Prudential Life Insurance reports a 26% decrease in net profit, amounting to Rs 174 crore for the quarter ending March 31, 2024, down from a net profit of Rs 235 crore reported in the same period last year. The insurer reported a 17% increase in net premium income, reaching Rs 14,788 crore in Q4FY24 compared to Rs 12,629 crore in Q4FY23.
April 23, 2024
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