Gross Direct Premium Income (GDPI) of the Company at Rs 77.35 billion in Q1 FY2026
FinTech BizNews Service
Mumbai, July 15, 2025: ICICI Lombard today announced its Q1, 2025-26 results. Its net profit soared by nearly 28% to Rs 747 Crores.
Gross Direct Premium Income (GDPI) of the Company was at Rs 77.35 billion in Q1 FY2026 compared to Rs 76.88 billion in Q1 FY2025, a growth of 0.6%, as against the industry growth of 8.8%. Excluding the impact of 1/n accounting norm, GDPI of the Company grew by 4.8% for Q1 FY2026, as against the industry growth of 12.8%.
Combined ratio was at 102.9% for Q1 FY2026 compared to 102.3% for Q1 FY2025.
Profit before tax (PBT) grew by 28.4% to Rs 9.94 billion in Q1 FY2026 compared to Rs 7.74 billion in Q1 FY2025.
o Capital gain was at Rs 3.80 billion in Q1 FY2026 compared to Rs 2.84 billion in Q1 FY2025.
Consequently, Profit after tax (PAT) grew by 28.7% to Rs 7.47 billion in Q1 FY2026 compared to Rs 5.80 billion in Q1 FY2025.
Return on Average Equity (ROAE) was at 20.5% in Q1 FY2026 compared to 19.1% in Q1 FY2025.
Solvency ratio was at 2.70x as at June 30, 2025 as against 2.69x as at March 31, 2025 which was higher than the minimum regulatory requirement of 1.50x.
With effect from October 1, 2024, Long-term Products are accounted on a 1/n basis, as mandated by IRDAI, hence Q1 FY2026 numbers are not comparable with prior periods.
