ICICI Lombard Reports 7.25% Increase in Q1 Net Profit for March 2026
ICICI Lombard General Insurance Company standalone net profit rises 7.25% in the March 2026 quarter
Business Standard
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ICICI Lombard General Insurance Company reported a 7.25% rise in standalone net profit to ₹546.56 crore for the quarter ending March 2026, compared to ₹509.59 crore in the same quarter last year. Sales also increased by 10.81% to ₹5790.53 crore during this period.
- 01Net profit for Q1 March 2026 reached ₹546.56 crore, up 7.25% year-on-year.
- 02Sales for the same quarter rose to ₹5790.53 crore, a 10.81% increase.
- 03For the full year, net profit grew by 10.51% to ₹2771.94 crore.
- 04Annual sales increased by 12.44% to ₹22263.57 crore.
- 05Operating profit margin (OPM) slightly decreased to 11.85%.
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ICICI Lombard General Insurance Company reported a 7.25% increase in standalone net profit for the quarter ending March 2026, amounting to ₹546.56 crore compared to ₹509.59 crore in the same period last year. The company's sales also saw a significant rise, increasing by 10.81% to reach ₹5790.53 crore from ₹5225.58 crore in March 2025. For the full fiscal year, ICICI Lombard's net profit rose 10.51% to ₹2771.94 crore, up from ₹2508.29 crore the previous year, while total sales for the year increased by 12.44% to ₹22263.57 crore from ₹19800.20 crore. Despite the growth in profit and sales, the operating profit margin (OPM) slightly decreased to 11.85% from 11.65% in the previous year.
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The growth in net profit and sales indicates a positive trend for ICICI Lombard, which may lead to improved services and product offerings for customers.
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