ICICI Lombard General Insurance on Saturday posted 23 per cent year-on-year (icici bank online)  jump in its March quarter (Q4 FY21) net profit at ₹ 346 crore as compared to ₹ 282 crore in Q4 FY20. The gross direct premium income (GDPI) stood at ₹ 3,478 crore as against ₹ 3,181 crore in the same period, marking a growth of 9.4 percent. Capital gains were at ₹ 66 crore in Q4 FY2021 as compared to ₹ 95 crore in Q4 FY20. The return on average equity was 18.8 percent against 18.8 percent.

                         


The company paid an interim dividend of ₹ 4 per share during the year. The board (icici bank online)  of directors has proposed a final dividend of ₹ 4 per share for FY21.

Thus, the overall dividend for FY21 including the proposed final dividend is ₹ 8 per share. The payment is subject to the approval of shareholders in the upcoming annual general meeting.