ICICI Lombard General Insurance Co.'s net profit fell by nearly 2% on a year-on-year basis in the January–March quarter.
The insurer posted a net profit of Rs 510 crore in the quarter ended March 31, 2025, down 1.9% as compared to Rs 520 crore in the year-ago period.
The net premium earned during the quarter under review climbed 19.6% to Rs 5,226 crore, compared to Rs 4,368 crore in the corresponding quarter of the previous fiscal.
The gross premium has risen by 10.2% to Rs 6,903.9 crore, as compared to Rs 6,263.1 crore in the year-ago period.