Many companies from different sectors are scheduled to announce their earnings for the quarter ending March 2025, and the financial year 2024-25 (FY25) on Tuesday, April 15.
These include Delta Industrial Resources Ltd., Bombay Wire Ropes Ltd., ICICI Lombard General Insurance Co., ICICI Prudential Life Insurance Co., GM Breweries Ltd., and Hathway Bhawani Cabletel & Datacom Ltd.
Indian Renewable Energy Development Agency Ltd. (IREDA), MRP Agro Ltd., and Swastik Safe Deposit & Investments Ltd. are also on the list.
Investors and analysts will be closely tracking these announcements, as companies share their performance and challenges, and estimate growth prospects.
Among these companies, ICICI Bank promoted ICICI Prudential Life Insurance Company, and ICICI Lombard General Insurance will be in focus. Moreover, financial services major IREDA will also attract attention, as investors look for performance, and sector trends.
IREDA Q3 Results
In Q3 FY25, IREDA delivered strong financial performance. The revenue from its operations rose by 35.57% to Rs 1,698.99 crore, while the profit after tax (PAT) increased 26.77% to Rs 425.37 crore. The financial services major also reported a 45.01% surge in loan sanctions to reach Rs 13,226.81 crore. The disbursements rose 25.27% to Rs 7,448.96 crore. Its loan book expanded by 36.34% to Rs 68,959.61 crore. IREDA also experienced a solid jump of 20.99% in its net worth to Rs 9,842.07 crore.
ICICI Prudential Q3 Results
ICICI Prudential Life Insurance Co. posted a 43% rise in profit after tax for Q3 FY25, reaching Rs 326 crore. This is up from Rs 227 crore in the same quarter last year. The company’s net premium income grew by 23.5%, climbing to Rs 12,261 crore in Q3 FY25, driven by a jump in new policy sales, it announced. In Q3FY24, its net premium income stood at Rs 9,928.77 crores.
ICICI Lombard Q3 Results
ICICI Lombard General Insurance Co. reported a 68% rise in net profit for Q3 FY25. The company’s profit stood at Rs 724 crore, up from Rs 431 crore in the same quarter last year. It also reported a strong growth in the net premium income, rising 17.2% to Rs 5,045 crore. The Mumbai-based insurance player had reported its net insurance premium income at Rs 4,305 crore for the same period a year ago. The solvency ratio of the general insurer has also come down to 2.36% against the previous quarter, when it stood at 2.65%.
. Read more on Earnings by NDTV Profit.Investors and analysts will be closely tracking these announcements, as companies share their performance and challenges, and estimate growth prospects. Read MoreQuarterly Earnings
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