ICICI Lombard General Insurance on Friday reported 35 per cent jump in net profit at Rs 415.74 crore for September quarter 2020-21.
The insurer had posted a net profit of Rs 307.91 crore for the year-ago period.
Total income in the quarter rose to Rs 2,883.40 crore from Rs 2,739.67 crore in the same period of 2019-20, ICICI Lombard said in a regulatory filing.
Net premium earned during the quarter grew to Rs 2,462.52 crore from Rs 2,356.92 crore. Gross direct premium income rose 8 per cent to Rs 3,189 crore.
ICICI Lombard stock settled nearly flat at Rs 1,257.50 on BSE.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.