ICICI Lombard General Insurance Company standalone net profit rises 22.61% in the March 2021 quarter

Sales rise 11.54% to Rs 2616.22 crore

Net profit of ICICI Lombard General Insurance Company rose 22.61% to Rs 345.68 crore in the quarter ended March 2021 as against Rs 281.93 crore during the previous quarter ended March 2020. Sales rose 11.54% to Rs 2616.22 crore in the quarter ended March 2021 as against Rs 2345.55 crore during the previous quarter ended March 2020.

For the full year,net profit rose 23.40% to Rs 1473.05 crore in the year ended March 2021 as against Rs 1193.76 crore during the previous year ended March 2020. Sales rose 6.49% to Rs 10013.99 crore in the year ended March 2021 as against Rs 9403.52 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2616.222345.55 12 10013.999403.52 6 OPM %-0.5912.09 -14.5616.74 - PBDT450.11370.64 21 1953.951696.89 15 PBT450.11370.64 21 1953.951696.89 15 NP345.68281.93 23 1473.051193.76 23

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