ICICI Lombard Q2 net profit growth 15.5%; Rs 7 dividend announced

What happened: ICICI Lombard General Insurance reported a net profit of ₹946 crore in Q2 FY2023, up 15.5%, and declared a dividend of ₹7 per share for the first half of the financial year. Key numbers: Net profit ₹946 crore, up 15.5%. Gross premium income ₹6,792 crore, up 3%. Dividend ₹7 per share. Why it matters: The insurer attributed the growth to strong performance in its motor and commercial segments.

ICICI Lombard General Insurance reported a net profit of ₹946 crore in Q2 FY2023, up 15.5%, and declared a dividend of ₹7 per share for the first half of the financial year.

The insurer attributed the growth to strong performance in its motor and commercial segments.