ICICI Prudential Life Insurance Company Limited has informed the Exchange regarding Board meeting held on April 15, 2025.
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The board of ICICI Prudential Life Insurance approved the audited financial results (standalone and consolidated) for Q4 and the full year ended March 31, 2025, with joint auditors Walker Chandiok & Co LLP and M. P. Chitale & Co. issuing an unmodified opinion. For the full year, standalone profit after tax rose to ₹1,188.96 crore from ₹852.39 crore in FY24, a growth of about 39%, while Q4 FY25 PAT more than doubled to ₹386.29 crore from ₹173.76 crore a year ago. Basic EPS for FY25 stood at ₹8.24 (vs ₹5.92 in FY24), the solvency ratio improved sharply to 212.2% from 191.8%, and gross/net NPAs remained nil. The board also recommended a final dividend of ₹0.85 per share (face value ₹10), subject to shareholder approval at the upcoming AGM, to be paid within 30 days of declaration.
Strong earnings growth, a healthier solvency ratio, and an unchanged final dividend are positive signals for shareholders, though the linked-segment investment income turned negative in Q4. The dividend remains subject to AGM approval before it is confirmed.