ICICI Lombard Q4 Results: Net premium income jumps over 17%; announces Rs 6/share dividend

ICICI Lombard's net premium income jumped by 17.23 per cent to Rs 4,368 crore in the quarter under review from Rs 3,726 crore Year-on-Year(YoY). It beat Zee Business research estimates of Rs 4,210 crore.

ICICI Lombard Q4 Results: Net premium income jumps over 17%; announces Rs 6/share dividend
ICICI Lombard. Photo: PTI/Representational

ICICI Lombard Q4 Results: The large-cap insurance firm on Wednesday (April 17, 2024) reported a 17.23 per cent jump in its net premium income, while its profit after tax was Rs 520 crore in the January-March quarter. The company also announced a dividend of Rs 6 per equity share. 

The company's net premium income jumped by 17.23 per cent from to Rs 4,368 crore in the quarter under review from Rs 3,726 crore Year-on-Year (YoY). It beat Zee Business research estimates of Rs 4,210 crore.

The insurance firm also beat research estimates in terms of PAT, which was Rs 520 crore in Q4 against estimates of Rs 460 crore.

The stock of the company closed at Rs 1,649.05 on Tuesday.

 

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Written By: ZeeBiz WebTeam
Updated: Wed, Apr 17, 2024
06:51 PM IST
New Delhi, ZeeBiz WebDesk
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