Profit before tax (PBT) increased 7.5% YoY to ₹718 crore in Q4 FY26, versus ₹668 crore a year ago. The combined ratio improved to 101.2% in Q4 FY26 from 102.5% in Q4 FY25, indicating better underwriting discipline and cost control, although it remained above the breakeven mark of 100%.
The company maintained a strong balance sheet, with a solvency ratio of 2.67x as of March 31, 2026, well above the regulatory requirement of 1.50x. However, this was marginally lower than 2.69x as of December 31, 2025, due to mark-to-market losses in its equity portfolio.Gross Direct Premium Income (GDPI) for the quarter grew 18.2% YoY, outpacing industry growth of 10.9%, pointing to continued market share gains.
In the year-ago period, the company had reported a PAT of ₹509.59 crore. Total income rose 17.12% YoY to ₹6,618.76 crore in the March quarter of FY26, from ₹5,651.17 crore a year earlier.
The board has recommended a final dividend of ₹7 per equity share, at a 70% payout, for FY26, subject to shareholder approval at the upcoming AGM. The dividend will be paid to eligible shareholders after approval.
Shares of ICICI Lombard General Insurance Company ended 4.59% higher at ₹1,864 on Wednesday.
