ICICI PRU LIFE INS CO LTD Quarterly Results (ICICIPRULI) — Q2 FY27

Revenue trend and demand read-through

Topline for Q2 FY27 came in at ₹12,031 cr against ₹11,935 cr in Q2 FY26, and ₹28,513 cr in the preceding Q1 FY27 quarter.

On a sequential basis revenue declined -57.8%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.

Total expenses for the quarter were ₹11,596 cr, or 96.4% of revenue.

Margins, tax and profitability

Net profit of ₹374 cr works out to a net margin of 3.1% compared with 2.5% in the year-ago quarter. Margin expansion of this kind usually reflects a better product or service mix, softer input costs, or tighter overheads.

Below the operating line, ICICI PRU LIFE INS CO LTD reported profit before tax of ₹435 cr, a tax charge of ₹61.1 cr (effective rate 14.0%). Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.

Sequentially, net profit moved from ₹386 cr in Q1 FY27 to ₹374 cr in Q2 FY27, a change of -3.1%.

Trailing twelve months and annual context

Across the trailing four quarters ICICI PRU LIFE INS CO LTD has generated revenue of ₹66,508 cr and net profit of ₹1,771 cr, a trailing net margin of 2.7%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.

On a full-year basis, FY26 revenue was ₹62,206 cr with net profit of ₹1,608 cr and EPS of ₹11.11, versus the prior year where revenue declined -11.0% and profit grew +35.6%.

What to watch in the next ICICIPRULI quarter

For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.

No next results date is available in the board-meeting calendar. Statement figures update when Yahoo Finance makes them available; this is not an immediate exchange-filing feed.

Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.