Shares of ICICI Prudential Life Insurance Company cracked 9 per cent in Wednesday’s session, a day after it posted a set of poor December quarter numbers.
The company registered a 34 per cent decline in its standalone net profit at Rs 296.77 crore in October-December quarter.
The company had reported Rs 452.1 crore profit in the same period a year ago
The board of the company has approved an interim dividend of Rs 1.60 per equity share for the first half of the current fiscal 2019.
Shares of the company traded 8.84 per cent down at Rs 313.60 around 10:10 am on BSE.