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ICICI Lombard This autumn Results: Net Profit Rises 23% To Rs 346 Crore

ICICI Lombard This autumn Results: The firm paid an interim dividend of Rs four per share throughout the yr

ICICI Lombard General Insurance on Saturday posted 23 per cent year-on-year soar in its March quarter (This autumn FY21) web revenue at Rs 346 crore as in comparison with Rs 282 crore in This autumn FY20. The gross direct premium earnings (GDPI) stood at Rs 3,478 crore as towards Rs 3,181 crore in the identical interval, marking a progress of 9.four per cent. Capital positive aspects have been at Rs 66 crore in This autumn FY2021 as in comparison with Rs 95 crore in This autumn FY20. The return on common fairness was 18.eight per cent towards 18.eight per cent.

The firm paid an interim dividend of Rs four per share throughout the yr. The board of administrators has proposed a remaining dividend of Rs four per share for FY21.

Thus, the general dividend for FY21 together with proposed remaining dividend is Rs eight per share. The cost is topic to approval of shareholders in upcoming annual common assembly.

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