Results15 Oct 2026 · Wed night
ICICIGIICICI Lombard General Insurance
ICICI Lombard's Q2 profit rises to ₹946 crore from ₹820 crore; underwriting loss widens
ICICI Lombard reported a September-quarter standalone net profit of ₹946 crore against ₹820 crore a year earlier, and declared an interim dividend of ₹7 a share.
Price, Wednesday's close₹1,713.00▲ 1.25%
Last 5 days
52-week low ₹1,423.1052-week high ₹2,064.90
- Sector
- Insurance
What happened
- Standalone net profit was ₹946 crore against ₹820 crore a year earlier, according to Sahi. ScanX gave the rise as 15.47%.
- ScanX reported that underwriting losses widened 78.5% to ₹318.38 crore.
- Sahi gave gross direct premium income as ₹8,318 crore, up 7.5%, and the solvency ratio as 2.71 times against a regulatory minimum of 1.50 times. It said first-quarter profit had been ₹403 crore.
- ScanX reported an interim dividend of ₹7 a share with a record date of 23 October. The shares closed at ₹1,713 on Wednesday, up 1.25%, per Zerodha Kite, before the results.
Why it matters
Profit rose while the underwriting loss widened, so the two ScanX figures point different ways; insurers also earn investment income outside underwriting.
Good to know: An underwriting loss means claims and expenses exceeded the premium earned on policies. An insurer can still report a profit if investment income covers the gap.
Key facts
- Net profit
- ₹946 crore (₹820 crore a year earlier)
- Underwriting loss
- ₹318.38 crore, up 78.5% (per ScanX)
- Gross direct premium
- ₹8,318 crore, up 7.5% (per Sahi)
- Interim dividend
- ₹7 a share, record date 23 October (per ScanX)
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This is a summary of public news about ICICI Lombard General Insurance, for information only. It is not a recommendation to buy, sell or hold ICICIGI.