NSE2 hrs ago
&format=webp&quality=medium)
ICICI Lombard General Insurance Q3 Results: ICICI Lombard General Insurance Company Ltd reported a weaker bottom-line performance for the December quarter, even as premium growth remained healthy. The general insurer’s net profit declined 9.1 per cent year-on-year to Rs 658.7 crore in Q3FY26, compared with Rs 724.38 crore in the corresponding quarter last year, falling short of analysts’ expectations of around Rs 800 crore.
The decline in profitability came despite robust growth in topline. Gross written premium during the quarter increased 14.8 per cent year-on-year to Rs 7,433 crore, up from Rs 6,474 crore in Q3FY25, supported by steady traction across key segments.