Q4 Results Updates: ICICI Lombard Net Profit Down; Ireda Bottomline Up 49%
Delta Industrial Resources Ltd., Bombay Wire Ropes Ltd., and Hathway Bhawani Cabletel & Datacom Ltd. also announced their results today.
ICICI Lombard Dividend Announced
The board of ICICI Lombard GIC announced a final dividend of Rs 7 per share for the financial year 2024-25. The dividend on equity shares will be paid to the eligible shareholders after nod by the members at the ensuing AGM of the company.
The overall dividend for FY25 including the proposed final dividend is Rs 12.50 per share.
ICICI Lombard GIC Q4 Results: Net Profit Down
ICICI Lombard Q4 Result Highlight (YoY)
Net profit down 1.9% at Rs 510 crore versus Rs 520 crore.
Net premium earned up 19.6% at Rs 5,226 crore versus Rs 4,368 crore.
Return on Average Equity at 19.1% compared to 17.2%.
Solvency ratio was at 2.69 times versus 2.62 times.
Landmark Cars Q4 Business Update
Landmark Cars Q4 Performance Update (YoY)
Total revenue up 17.3% at Rs 1,525 crore.
Vehicle sales up 21.1% at Rs 1,257 crore.
Ireda Q4 Results: Net Profit Up
Ireda Q4 Result Highlight (Standalone, YoY)
Net Profit up 49% at Rs 502 crore versus Rs 337 crore.
Total Income up 37.7% at Rs 1,916 crore versus Rs 1,392 crore.
ICICI Prudential Q4: Shares End Higher
Shares of ICICI Prudential Life Insurance Company closed 2.62% higher to close at Rs 567.6 apiece on the BSE, ahead of the results. The benchmark Sensex was up 2.1%.
