ICICI Life Q2 net profit rises 25% on better product mix.
Context
What happened: ICICI Life Insurance reported a 25% rise in Q2 net profit, with first half FY27 profit up 26.5%.
Key numbers: Q2 net profit ₹374 crore, up 25%. H1 FY27 profit ₹760 crore, up 26.5%. Annualised premium equivalent ₹4,935 crore, up 15.1%.
Why it matters: The company attributes the gains to a better product mix and continued focus on protection and retirement products, which it says improved profitability.