Stronger underwriting across motor, fire and casualty insurance helped offset higher catastrophe losses, while overseas investment income supported earnings growth.
Higher investment income and robust life insurance results propelled shareholder profit despite mixed performance across the group's non-life businesses.
The disposal is scheduled for Thursday and leaves Prudential Corporation Holdings with 32.6% of the Indian fund manager, with its governance rights unchanged.
The insurer said the order is not expected to have a material adverse impact on its financial operations at this stage, as it intends to challenge the decision.
The reforms are expected to improve market discipline and product governance, although Moody's says changes will take longer to materialise than in motor insurance.
