ICICI Lombard General Insurance Company Q1 Results Live : profit rise by 48.68% YOY | Mint

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ICICI Lombard General Insurance Company Q1 Results Live : ICICI Lombard General Insurance Company declared their Q1 results on 19 Jul, 2024. The topline increased by 18.08% & the profit increased by 48.68% YoY. As compared to the previous quarter the revenue grew by 3.71% and the profit increased by 11.72%.

The Selling, general & administrative expenses rose by 19.3% q-o-q & decreased by 16.28% Y-o-Y.

The operating income was up by 7.84% q-o-q & increased by 52.89% Y-o-Y.

The EPS is 11.22 for Q1 which increased by 46.01% Y-o-Y.

ICICI Lombard General Insurance Company has delivered 1.75% return in the last 1 week, 32.67% return in last 6 months and 34.54% YTD return.

Currently the ICICI Lombard General Insurance Company has a market cap of 94247.87 Cr and 52wk high/low of 1916 & 1266 respectively.

As of 20 Jul, 2024 out of 22 analysts covering the company, 4 analysts have given Sell rating, 6 analysts have given Hold rating, 7 analysts have given Buy rating & 5 analysts have given Strong Buy rating.

The consensus recommendation as on 20 Jul, 2024 was to Buy.

ICICI Lombard General Insurance Company Financials

PeriodQ1Q4Q-o-Q GrowthQ1Y-o-Y Growth
Total Revenue5350.265158.62+3.71%4531.22+18.08%
Selling/ General/ Admin Expenses Total455.9382.15+19.3%544.53-16.28%
Total Operating Expense4818.44665.44+3.28%4183.35+15.18%
Operating Income531.86493.18+7.84%347.87+52.89%
Net Income Before Taxes773.99697.79+10.92%520.01+48.84%
Net Income580.37519.5+11.72%390.36+48.68%
Diluted Normalized EPS11.2211.44-1.94%7.69+46.01%
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