ICICI Lombard General Insurance, a prominent player in India’s private insurance sector, is poised for a significant financial announcement this month. Set to disclose its fourth-quarter results, the company has scheduled a Board meeting for April 15, 2025, to review and finalize its financial performance for the quarter ending March 31, 2025. Known for its diverse range of insurance products, ICICI Lombard caters to various needs, ensuring comprehensive coverage across multiple sectors.
Upcoming Financial Results
On April 15, ICICI Lombard will unveil its financial outcomes for the fourth quarter and the entire fiscal year. In an official filing, the company confirmed that its Board of Directors will convene to examine and approve the audited financial outcomes and statements for the year concluding on March 31, 2025.
- Dividend Discussion: The board will also deliberate on potential dividend recommendations for the financial year 2024-25.
Earnings Call Details
Following the release of the financial results, ICICI Lombard will host an earnings call at 7:30 PM on the same day. Shareholders interested in participating can dial +91 22 6280 1341 or +91 22 7115 8242, or they may join via the company’s website for the investor meeting.
Trading Window Restrictions
In compliance with the Securities and Exchange Board of India regulations regarding insider trading, the trading window for ICICI Lombard’s securities will remain closed for designated personnel and their immediate relatives from April 1 to April 17.
Q3 Performance Recap
Reflecting on its previous quarter, which ended on December 31, 2024, ICICI Lombard reported a remarkable 67.9% increase in net profit, climbing to ₹724.4 crore, up from ₹431.5 crore in the same quarter the previous year.
- Gross Premium: The gross premium slightly decreased by 0.3%, totaling ₹6,214 crore compared to ₹6,230 crore from the year-ago period.
- Return on Average Equity (ROAE): The ROAE surged to 21.5% in Q3 FY25 from 15.3% in Q3 FY24.
- Combined Ratio: The combined ratio improved, dropping to 102.7% from 103.6% the previous year, indicating better profitability through premium collections against claims and expenses.
Share Price Trends
In recent trading sessions, ICICI Lombard’s shares experienced a decline of over 6.3% within the last five days, although they have risen 2.42% over the past month. Over a six-month period, the stock has seen a drop of 18.35%, yet it has managed to gain more than 2% in the last year.
For more updates on financial results and stock performance, stay tuned as ICICI Lombard prepares to reveal crucial insights into its operations.
