ICICI Lombard General Insurance Company standalone net profit rises 17.93% in the March 2018 quarter

Sales rise 14.17% to Rs 1816.64 crore

Net profit of ICICI Lombard General Insurance Company rose 17.93% to Rs 211.87 crore in the quarter ended March 2018 as against Rs 179.66 crore during the previous quarter ended March 2017. Sales rose 14.17% to Rs 1816.64 crore in the quarter ended March 2018 as against Rs 1591.17 crore during the previous quarter ended March 2017.

For the full year,net profit rose 22.78% to Rs 861.78 crore in the year ended March 2018 as against Rs 701.88 crore during the previous year ended March 2017. Sales rose 12.14% to Rs 6911.73 crore in the year ended March 2018 as against Rs 6163.60 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1816.641591.17 14 6911.736163.60 12 OPM %15.3314.81 -16.7914.01 - PBDT287.18248.63 16 1196.24910.10 31 PBT287.18248.63 16 1196.24910.10 31 NP211.87179.66 18 861.78701.88 23

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