FilingReader Intelligence

ICICI Lombard profit surges 29% in Q1

July 19, 2025 at 02:09 PM UTCBy FilingReader AI

ICICI Lombard General Insurance reported profit before tax surged 28.4% to ₹9.94 billion in Q1 FY2026, while profit after tax rose 28.7% to ₹7.47 billion.

Return on average equity increased to 20.5% from 19.1%. Gross direct premium income grew just 0.6% to ₹77.35 billion, though excluding crop and mass health segments, growth was 3.4%.

The solvency ratio remained robust at 2.70x, well above regulatory minimums.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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