{"id":134861,"date":"2022-10-18T10:30:12","date_gmt":"2022-10-18T14:30:12","guid":{"rendered":"https:\/\/44.250.171.167\/?p=134861"},"modified":"2022-10-18T10:30:13","modified_gmt":"2022-10-18T14:30:13","slug":"icici-lombard-general-insurance-co-ltd-for-q2fy23-reports-a-32-growth-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-co-ltd-for-q2fy23-reports-a-32-growth-in-profits\/","title":{"rendered":"ICICI Lombard General Insurance Co Ltd. for Q2FY23 reports a 32% growth in Profits"},"content":{"rendered":"\n<p>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 105.3% a year ago in the corresponding quarter.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"841\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI-841x1024.jpg\" alt=\"\" class=\"wp-image-134862\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI-841x1024.jpg 841w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI-246x300.jpg 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI-768x935.jpg 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI-1261x1536.jpg 1261w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg 1280w\" sizes=\"auto, (max-width: 841px) 100vw, 841px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>Return on Average Equity grew to 24.5%. Profit Before Tax (PBT) rose to \u20b9 6.1 Billions from \u20b9 5.94 Billions a year ago in the corresponding quarter. In this quarter\u2019s\u00a0<a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/90aa225d-eabf-479c-87f8-72276eadb6ff.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">investor presentation<\/a>, firm showcases it\u2019s strong profitability.<\/p>\n\n\n\n<p>To further read a detailed analysis of the company, check out this <a href=\"https:\/\/44.250.171.167\/reason-behind-icici-lombards-success\/\" target=\"_blank\" rel=\"noreferrer noopener\">link<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 105.3% a year ago in [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134862,"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":[105,392,1,6350],"tags":[10097,811],"class_list":["post-134861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","category-trending-stocks","tag-financial-service","tag-insurance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-ICICIGI.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":138707,"url":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-co-ltd-for-q3fy23-reports-an-11-growth-in-profits\/","url_meta":{"origin":134861,"position":0},"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":131306,"url":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-co-ltd-for-q1fy23-reports-an-80-growth-in-profits\/","url_meta":{"origin":134861,"position":1},"title":"ICICI Lombard General Insurance Co Ltd. for Q1FY23 reports an 80% growth in Profits","author":"Karan_Singh","date":"July 19, 2022","format":false,"excerpt":"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\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":134965,"url":"https:\/\/alphastreet.com\/india\/hdfc-bank-limiteds-22-growth-in-profits-due-to-provisions-and-contingencies\/","url_meta":{"origin":134861,"position":2},"title":"HDFC Bank Limited\u2019s 22% growth in Profits due to Provisions and Contingencies","author":"Karan_Singh","date":"October 20, 2022","format":false,"excerpt":"HDFC Bank Ltd.'s Total Income for Q2 FY23 has increased by 19% YoY to \u20b949,18,210 lakhs. Profits rose by 22% YoY to \u20b911,12,521 lakhs. Total Expenditure grew by 25% YoY for Q2 FY 2023. Return on Average Assets grew to 0.51% from 0.50% a year ago. In this quarter\u2019s\u00a0results, it\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-HDFCBANK.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-HDFCBANK.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-HDFCBANK.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-HDFCBANK.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Q2FY23-HDFCBANK.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":135231,"url":"https:\/\/alphastreet.com\/india\/sbi-cards-q2fy23-results-out-net-profit-rises-by-52\/","url_meta":{"origin":134861,"position":3},"title":"SBI Cards Q2FY23 results out: Net profit rises by 52%","author":"Chirag Gupta","date":"October 27, 2022","format":false,"excerpt":"SBI Card and Payments Services reported a 52 per cent jump in net profit in second quarter of FY23 quarter to INR 526 crore, thanks to a spike in income and lower provisions. 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The company is one of the largest real estate developers in India, and is headquartered in New Delhi. DLF has a presence in over 15 states across India and has completed more than\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=134861"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134861\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134862"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=134861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=134861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=134861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}