ICICI Lombard Q2 net profit growth 15.5%; Rs 7 dividend announced
ICICI Lombard General Insurance achieved a net profit of ₹946 crore in the second quarter of FY2023, reflecting a 15.5% increase. The insurer reported strong performance in its motor and commercial segments, contributing to this growth. Gross premium income increased by 3% to ₹6,792 crore compared to the previous year. In addition, the company declared a dividend of ₹7 per share for the first half of the financial year.
