ICICI Lombard Reports Q4 Earnings: A Mixed Bag for Investors
In the latest quarterly results released by ICICI Lombard General Insurance Co., the company reported a net profit of ₹510 crore for the quarter ending March 31, 2025. This figure marks a slight decline of 1.9% compared to the ₹520 crore profit recorded during the same period last year. Amidst these financials, the insurer’s board has proposed a final dividend of ₹7 per share for the fiscal year, pending approval at the upcoming annual general meeting.
Dividend Declaration and Shareholder Impact
The proposed dividend, set at ₹7 for each share with a face value of ₹10, will be distributed to eligible shareholders following the requisite approvals. However, details regarding the record date and expected timeline for the dividend payout were not disclosed in their recent regulatory submission.
- Final Dividend: ₹7 per share
- Face Value: ₹10
- Approval Pending: At the annual general meeting
Financial Performance Highlights
Despite the dip in net profit, ICICI Lombard showed resilience with a robust performance in other areas. The company saw a 19.6% increase in net premiums earned, totaling ₹5,226 crore compared to ₹4,368 crore from the previous year. Additionally, the gross premium witnessed a growth of 10.2%, reaching ₹6,903.9 crore against ₹6,263.1 crore in the prior year’s quarter.
- Net Premium Earned: ₹5,226 crore (+19.6% YoY)
- Gross Premium: ₹6,903.9 crore (+10.2% YoY)
Although the underwriting loss narrowed to ₹209.7 crore from ₹235.6 crore, the company’s overall profit reduction raises questions about future growth.
Market Reaction and Stock Performance
On the National Stock Exchange, shares of ICICI Lombard experienced a positive reaction, closing at ₹1,822.60, reflecting an increase of 6.05%. This uptick outperformed the benchmark Nifty 50, which rose by 2.19%. Over the past year, ICICI Lombard’s stock has appreciated by 11.8%, with a year-to-date growth of 1.95%.
Investors are keenly watching how these results will influence the company’s strategies moving forward, especially in light of the competitive insurance landscape.
For ongoing updates and deeper analysis of ICICI Lombard’s performance, stay tuned to our financial news section.
