Preview: Analysts expect India's ICICI Lombard to post 15% quarterly profit rise

International Combustion (India)

14/10/2025 04:24

** Analysts, on avg, expect India's ICICI Lombard ICIL.NS to post ~15% y/y growth in consol profit to 7.97 billion rupees ($89.85 million), per data compiled by LSEG

** Emkay Global expects the general insurance co's profit growth to be driven by healthy investment growth and a slight improvement in combined ratios

** Combined ratios show how much an insurance company spends on claims and expenses compared to earned premiums

** JM Financial expects net earned premium for ICIL to grow 12% and profit after tax to grow 8%

** Adds, with strong growth in fire insurance and expectation of improvement in motor growth post GST cuts and hike in motor third party premiums, it sees a potential uptick in growth for ICIL

** ICIL rated 'buy' on average by 23 analysts, with a median PT of 2130 rupees - per data compiled by LSEG

**As of Monday's close, ICIL is up 2.6% YTD vs. the Nifty Financial Services sub-index's .NIFTYFIN 14% rise

($1 = 88.7000 Indian rupees)

(Reporting by Ananta Agarwal in Bengaluru)

((Ananta.Agarwal@thomsonreuters.com))