ICICI Lombard General Insurance Company announced 9MFY25 & Q3FY25 results Q3FY25 Financial Highlights: GDPI of the Company was at Rs 62.14 billion in Q3FY25 as against Rs 62.30 billion in Q3FY24, a de-growth of 0.3%, as against the industry growth of 9.5%. Excluding the impact of 1/n, GDPI of the Company grew by 4.8% for Q3FY25. Combined ratio was at 102.7% in Q3FY25 as against 103.6% in Q3FY24. PBT grew at 67.3% to Rs 9.60 billion in Q3FY25 as against Rs 5.74 billion in Q3FY24. Capital gains was at Rs 2.76 billion in Q3FY25 as against Rs 1.08 billion in Q3FY24. PAT grew at 67.9% to Rs 7.24 billion in Q3FY25 from Rs 4.31 billion in Q3FY24. ROAE was at 21.5% in Q3FY25 compared to 15.3% in Q3FY24. 9MFY25 Financial Highlights: Gross Direct Premium Income (GDPI) of the Company was at Rs 206.23 billion in 9MFY25 compared to Rs 187.03 billion in 9MFY24, a growth of 10.3%, which was higher than the industry growth of 7.8%. Excluding the impact of 1/n, GDPI of the Company grew by 11.9% for 9MFY25. Combined ratio was at 102.9% for 9MFY25 compared to 103.7% for 9MFY24. Profit before tax (PBT) grew at 42.8% to Rs 26.53 billion in 9MFY25 as against Rs 18.57 billion in 9MFY24. Capital gains was at Rs 7.96 billion in 9MFY25 as against Rs 3.95 billion in 9MFY24. Consequently, Profit after tax (PAT) grew at 42.9% to Rs 19.99 billion in 9MFY25 as against Rs 13.99 billion in 9MFY24. Return on Average Equity (ROAE) was at 20.8% in 9MFY25 compared to 17.1% in 9MFY24 Solvency ratio was 2.36x as at December 31, 2024 as against 2.65x as at September 30, 2024 and higher than the minimum regulatory requirement of 1.50x. Solvency ratio was 2.62x as at March 31, 2024. Result PDF