ICICI Lombard Q4 net profit up 7% to ₹547 crore on 17% premium growth; ₹7 dividend declared

Health insurance may become as important as roads and power in India’s 2047 growth story


Largest private sector general insurer ICICI Lombard General Insurance Company Ltd on Wednesday (April 15) reported a 7.25% year-on-year rise in net profit to ₹547 crore for the quarter, compared with ₹510 crore in the same period last year.

Gross written premium increased 16.9% to ₹8,074 crore versus ₹6,903.9 crore a year earlier. Operating profit rose 31.3% to ₹546 crore from ₹416 crore in the corresponding quarter.

The company reported an underwriting loss of ₹282.4 crore, compared with a loss of ₹209.7 crore in the year-ago period. The combined ratio improved to 101.2% from 102.5% on a year-on-year basis.

Also Read: ICICI Lombard shares fall 4% as underwriting loss, multiple one-offs hit

The board has recommended a final dividend of ₹7 per equity share, equivalent to 70% of the face value of ₹10 each, for the financial year ended March 31, 2026. The dividend is subject to the approval of shareholders at the upcoming annual general meeting.

Shares of ICICI Lombard General Insurance Co Ltd ended at ₹1,859.25, up by ₹74.40, or 4.17%, on the BSE.



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