ICICI Lombard General Insurance Company Limited has announced its financial results for the quarter and fiscal year ended March 31, 2025.
ICICI Lombard’s Gross Direct Premium Income for FY2025 stood at ₹268.33 billion, reflecting an 8.3% growth compared to ₹247.76 billion in FY2024. This growth surpasses the industry average of 6.2%. Excluding the impact of the 1/n accounting norm, GDPI for the year grew by 11.0%, outperforming the industry growth of 8.6%.
For Q4 FY2025, GDPI was ₹62.11 billion, up 2.3% from ₹60.73 billion in Q4 FY2024, also exceeding the industry’s growth of 1.7%.
The company’s Profit After Tax (PAT) for FY2025 grew by a notable 30.7%, reaching ₹25.08 billion compared to ₹19.19 billion in FY2024. However, PAT for Q4 FY2025 decreased slightly by 1.9%, amounting to ₹5.10 billion, down from ₹5.19 billion in the same quarter last year.
ICICI Lombard reported a Return on Average Equity (ROAE) of 19.1% for FY2025, up from 17.2% in FY2024, signaling improved profitability and efficiency. For Q4 FY2025, ROAE was 14.5%, compared to 17.8% in Q4 FY2024.
The Board of Directors has proposed a final dividend of ₹7.00 per share for FY2025, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The total dividend for FY2025, including the interim dividend, amounts to ₹12.50 per share.
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On April 16, 2025, ICICI Lombard share price (NSE: ICICIGI) opened at ₹1,759.40, down from its previous close of ₹1,822.60. At 9:55 AM, the share price of ICICI Lombard was trading at ₹1,801.20, down by 1.17% on the NSE.
ICICI Lombard’s growth in GDPI and profitability, despite a slight dip in Q4 PAT, reflects its market position and continued resilience in the competitive insurance sector. The proposed dividend highlights the company’s commitment to delivering value to shareholders.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Apr 16, 2025, 10:02 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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