Categories AlphaGraphs, Earnings, Finance, Trending Stocks

ICICI Lombard General Insurance Co Ltd. for Q2FY23 reports a 32% growth in Profits

Total Income for Q2 FY23 has increased by 18% YoY to ₹ 4,49,903 lakhs. Profit After Tax rose by 32% YoY to ₹ 59,053 lakhs. Income from Premiums grew by 18% YoY and Income from Investments grew by 15% YoY for Q2 FY 2023. Combined Ratio fell to 105.1% from 105.3% a year ago in the corresponding quarter.

Return on Average Equity grew to 24.5%. Profit Before Tax (PBT) rose to ₹ 6.1 Billions from ₹ 5.94 Billions a year ago in the corresponding quarter. In this quarter’s investor presentation, firm showcases it’s strong profitability.

To further read a detailed analysis of the company, check out this link.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,