ICICI Lombard General Insurance Company standalone net profit rises 23.80% in the March 2020 quarter

Sales rise 6.74% to Rs 2345.55 crore

Net profit of ICICI Lombard General Insurance Company rose 23.80% to Rs 281.93 crore in the quarter ended March 2020 as against Rs 227.73 crore during the previous quarter ended March 2019. Sales rose 6.74% to Rs 2345.55 crore in the quarter ended March 2020 as against Rs 2197.47 crore during the previous quarter ended March 2019.

For the full year,net profit rose 13.77% to Rs 1193.76 crore in the year ended March 2020 as against Rs 1049.27 crore during the previous year ended March 2019. Sales rose 12.28% to Rs 9403.52 crore in the year ended March 2020 as against Rs 8375.35 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales2345.552197.47 7 9403.528375.35 12 OPM %12.0914.06 -16.7418.13 - PBDT370.64345.49 7 1696.891598.42 6 PBT370.64345.49 7 1696.891598.42 6 NP281.93227.73 24 1193.761049.27 14

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