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ICICI Lombard Q1 Results: Net profit rises 12% YoY to Rs 390 crore; investment income jumps 27%
Absolute Online > Blog > Finance > ICICI Lombard Q1 Results: Net profit rises 12% YoY to Rs 390 crore; investment income jumps 27%
The company’s gross direct premium income came in at Rs 6,387 crore in Q1, compared with Rs 5,370 crore a year ago, showing growth of 19%, which was higher than the industry growth of 17.9%. Excluding crop, GDPI growth of the company was at 19.2%.