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ICICI Lombard's first quarter results: Net profit up 12%, gross premium income up 20%
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₹390.4 crore for the three months that ended June 30, 2023. The Company's Gross Direct Premium Income (GDPI) for Q1 FY2024 was ₹63.87 billion, showing a growth of 18.9% compared to ₹53.70 billion in Q1 FY2023.
This growth exceeded the industry growth rate of 17.9%. When excluding crop-related premiums, the Company's GDPI growth was even higher at 19.2%, surpassing the industry growth rate of 17.4% in Q1 FY2024.
. Read more on livemint.comAbout this in other media
ICICI Lombard shares gain 1.08% as Sensex falls economictimes.indiatimes.com /1 year ago
Titan Q1 Results Live: Net profit likely to rise 14.2% to ₹906 crore; revenue growth seen at 19% YoY livemint.com /1 year ago
Share price of ICICI Lombard falls as Sensex drops 119.56 points economictimes.indiatimes.com /1 year ago
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