ICICI Prudential Life Insurance Company Limited — Investor Meet, 22-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

ICICI Prudential Life Q1FY26: PAT grew 34.2% to ₹302 Cr, with VNB margin improving to 24.5% driven by a product mix shift towards guaranteed and protection plans. APE declined 5% to ₹1,864 Cr, impacted by a high base and market volatility; management expects ULIP demand to recover in H2. Cost-to-premium improved to 21.2% due to efficiency. AUM rose 5.1% to ₹320,000 Cr. The company remains focused on absolute VNB growth and customer-centricity, leveraging its diversified distribution network.