ICICI Lombard General Insurance Company has reported results for fourth quarter (Q4) and year ended March 31, 2023.
ICICI Lombard General Insurance Company has reported rise of 39.82% in its net profit at Rs 436.96 crore for the quarter under review as compared to Rs 312.51 crore for the same quarter in the previous year. Total income of the company increased by 13.36% at Rs 5,255.58 crore for Q4FY23 as compared Rs 4,636.34 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported rise of 36.04% in its net profit at Rs 1,729.05 crore as compared to Rs 1,271.01 crore for the previous year. Total income of the company increased by 12.18% at Rs 18,094.90 crore for year under review as compared to Rs 16,129.88 crore for year ended March 31, 2022.
ICICI Lombard General Insurance Company offers its customers a comprehensive and well-diversified range of products, including motor, health, crop/weather, fire, personal accident, marine, engineering and liability insurance, through multiple distribution channels.
