ICICI Lombard General Insurance on Tuesday detailed a 35.1% rise in its profits to ₹289 Crore in first Quarter finished June of this monetary. The organization's net profit in the comparing April-June quarter of 2017-18 was at ₹214 crore.
The gross premium gathered by the general insurer developed by 14% to Rs3,856 crore in the June quarter of 2018-19 as against Rs3,394 crore in the year-prior period, the organization said in an regulatory filing.
The investors have affirmed a final dividend of ₹2.50 per equity share for the year finished March 2018, the organization said in the filing.
The return on average equity (ROAE) was 24.7% in first quarter of this financial compared to22.4% during the similar period a year earlier.
The gross premium gathered by the general insurer developed by 14% to Rs3,856 crore in the June quarter of 2018-19 as against Rs3,394 crore in the year-prior period, the organization said in an regulatory filing.
The investors have affirmed a final dividend of ₹2.50 per equity share for the year finished March 2018, the organization said in the filing.
The return on average equity (ROAE) was 24.7% in first quarter of this financial compared to22.4% during the similar period a year earlier.
