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(15/07/2025 18:10)

ICICI Lombard Gen. Q1 net profit up 28.72% at Rs 747.08 cr

The company reported standalone net profit of Rs 747.08 crore for the quarter ended June 30, 2025 as compared to Rs 580.37 crore in the same period last year, registering a year-on-year growth of 28.72 per cent.

Net revenue of the company rose moderately by 14.04 per cent at Rs 5,136.09 crore in April-June quarter of this fiscal as against Rs 4,503.88 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 12.09 per cent to Rs 5,414.83 crore from Rs 4,830.90 crore in year ago period.

Other Income grew by 266.38 per cent at Rs 12.97 crore versus (Jun'24 Rs 3.54 crore).

Operating Profit surged by 27.29 per cent to Rs 980.74 crore as against Rs 770.45 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 11.63 per cent in June quarter.

Taxation increased by 27.38 per cent at Rs 246.63 crore (Jun'24 Rs 193.62 crore).