ICICI Lombard Q2 PAT up 15%, H1 up 32%, Rs 7 interim dividend declared
ICICIGI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts less than Nifty Midcap 150 and 1.5 pts less than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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ICICI Lombard GIC reported Q2 FY27 audited PAT of Rs 946.4 crore, up about 15% YoY from Rs 819.5 crore. H1 PAT rose 32% to Rs 1,783 crore. Gross premium grew 9% YoY to Rs 7,702 crore. Combined ratio at 107.0% vs 105.3% YoY. Board declared Rs 7 per share interim dividend (70% of face value). Joint statutory auditor changed mid-year from PKF Sridhar and Santhanam to B S R and Co. Recognized Rs 169.4 crore claim reserves for motor third party after Supreme Court ruling on homemaker compensation.
Strong H1 profit growth and interim dividend are positive for shareholders. Combined ratio stays above 100%, signaling underwriting losses persist.