{"id":131306,"date":"2022-07-19T10:35:51","date_gmt":"2022-07-19T14:35:51","guid":{"rendered":"https:\/\/44.250.171.167\/?p=131306"},"modified":"2023-05-02T09:55:42","modified_gmt":"2023-05-02T13:55:42","slug":"icici-lombard-general-insurance-co-ltd-for-q1fy23-reports-an-80-growth-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-co-ltd-for-q1fy23-reports-an-80-growth-in-profits\/","title":{"rendered":"ICICI Lombard General Insurance Co Ltd. for Q1FY23 reports an 80% growth in Profits"},"content":{"rendered":"\n<p>Total Income for Q1 FY23 has increased by 4% YoY to \u20b93,97,829 lakhs. Profit After Tax rose by 80% YoY to \u20b934,903 lakhs. Income from Premiums grew by 10% YoY but Income from Investments fell by 27% YoY for Q1 FY 2023. Combined Ratio fell to 104.1% from 123.5% a year ago.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-full\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1Q23-ICICIGI-IG.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"1559\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1Q23-ICICIGI-IG.jpg\" alt=\"\" class=\"wp-image-131307\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1Q23-ICICIGI-IG.jpg 1280w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1Q23-ICICIGI-IG-246x300.jpg 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1Q23-ICICIGI-IG-841x1024.jpg 841w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1Q23-ICICIGI-IG-768x935.jpg 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/07\/1Q23-ICICIGI-IG-1261x1536.jpg 1261w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>Return on Average Equity grew to 15%. Profit Before Tax (PBT) rose to \u20b93.49 Billions from \u20b91.94 Billions a year ago. In this quarter\u2019s <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/d2d25a0d-133e-4285-8d30-22b3cad4d0a9.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">investor presentation<\/a>, firm showcases it&#8217;s strong profitability.<\/p>\n\n\n\n<p>To further read the previous quarter\u2019s results, check out this&nbsp;<a href=\"https:\/\/44.250.171.167\/icici-lombard-general-insurance-company-limited-icicigi-q4-fy22-earnings-concall-transcript\/\" target=\"_blank\" rel=\"noreferrer noopener\">link<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Total Income for Q1 FY23 has increased by 4% YoY to \u20b93,97,829 lakhs. Profit After Tax rose by 80% YoY to \u20b934,903 lakhs. Income from Premiums grew by 10% YoY but Income from Investments fell by 27% YoY for Q1 FY 2023. Combined Ratio fell to 104.1% from 123.5% a year ago. Return on Average [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,6349,1],"tags":[10089],"class_list":["post-131306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-transcripts","category-finance-stocks","tag-quarterly-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":134861,"url":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-co-ltd-for-q2fy23-reports-a-32-growth-in-profits\/","url_meta":{"origin":131306,"position":0},"title":"ICICI Lombard General Insurance Co Ltd. for Q2FY23 reports a 32% growth in Profits","author":"Karan_Singh","date":"October 18, 2022","format":false,"excerpt":"Total Income for Q2 FY23 has increased by 18% YoY to \u20b9 4,49,903 lakhs. Profit After Tax rose by 32% YoY to \u20b9 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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":138707,"url":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-co-ltd-for-q3fy23-reports-an-11-growth-in-profits\/","url_meta":{"origin":131306,"position":1},"title":"ICICI Lombard General Insurance Co Ltd. for Q3FY23 reports an 11% growth in Profits","author":"Karan_Singh","date":"January 17, 2023","format":false,"excerpt":"Gross Direct Premium Income for 32 FY23 has increased by 17% YoY to \u20b9 54.93 billions. Profit After Tax rose by 11% YoY to \u20b9 4.65 billions. Income from Premiums grew by 15% YoY and Income from Investments grew by 9% YoY for Q3 FY 2023. Combined Ratio fell to\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-ICICIGI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-ICICIGI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-ICICIGI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-ICICIGI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-ICICIGI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":131808,"url":"https:\/\/alphastreet.com\/india\/hdfc-bank-limiteds-21-growth-in-profits-due-to-provisions-and-contingencies\/","url_meta":{"origin":131306,"position":2},"title":"HDFC Bank Limited\u2019s 21% growth in Profits due to Provisions and Contingencies","author":"Karan_Singh","date":"July 29, 2022","format":false,"excerpt":"Total Income for Q1 FY23 has increased by 14% YoY to \u20b944,20,232 lakhs. Profits rose by 21% YoY to \u20b99,57,911 lakhs. Total Expenditure grew by 21% YoY for Q1 FY 2023. Return on Average Assets grew to 0.46% from 0.45% a year ago. In this quarter\u2019s\u00a0results, it is clearly visible\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":131606,"url":"https:\/\/alphastreet.com\/india\/icici-bank-limiteds-55-growth-in-profits-due-to-provisions-and-contingencies\/","url_meta":{"origin":131306,"position":3},"title":"ICICI Bank Limited&#8217;s 55% growth in Profits due to Provisions and Contingencies","author":"Karan_Singh","date":"July 25, 2022","format":false,"excerpt":"Total Income for Q1 FY23 has increased by 11% YoY to \u20b939,218.33 crores. Profit After Tax rose by 55% YoY to \u20b97,384 crores. Total Expenditure grew by 8.32% YoY for Q1 FY 2023. Yield on total earning assets fell to 7.19% from 7.25% a year ago. Return on Average Equity\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":131566,"url":"https:\/\/alphastreet.com\/india\/hdfc-asset-management-company-ltd-for-q1fy23-reports-a-9-beat-down-in-profits\/","url_meta":{"origin":131306,"position":4},"title":"HDFC Asset Management Company Ltd. for Q1FY23 reports a 9% beat down in Profits","author":"Karan_Singh","date":"July 22, 2022","format":false,"excerpt":"Revenue for Q1 FY23 has increased by 3% YoY to \u20b95,216 millions. Profit after Tax fell by 9% YoY to \u20b93,142 millions for Q1 FY 2023 mainly due to the fall in Other Income which fell 89% YoY to \u20b9113 millions for Q1FY23. Total Expenses rose by 4% and Other\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":131077,"url":"https:\/\/alphastreet.com\/india\/infographic-5paisa-q1fy23-earnings-snapshot\/","url_meta":{"origin":131306,"position":5},"title":"Infographic: 5Paisa Q1FY23 Earnings snapshot","author":"Karan_Singh","date":"July 12, 2022","format":false,"excerpt":"Income has increased by 38% YoY to \u20b984.1 crores. Broking Income has increased by 37% as Other income improved by 61% YoY. Profit after Tax grew by 3% YoY to \u20b97.4 crores for Q1 FY 2023. 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