ICICI Lombard General Insurance Company has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a fall of 9.60% in its net profit at Rs 312.51 crore for the quarter under review as compared to Rs 345.68 crore for the same quarter in the previous year. However, total income of the company increased by 32.87% at Rs 4,636.34 crore for Q4FY22 as compared Rs 3,489.39 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a fall of 13.72% in its net profit at Rs 1,271.01 crore as compared to Rs 1,473.05 crore for the previous year. However, total income of the company increased by 32.63% at Rs 16,129.88 crore for year under review as compared to Rs 12,161.37 crore for year ended March 31, 2021.