ICICI Lombard Basic Insurance coverage on Saturday posted 23 per cent year-on-year bounce in its March quarter (This autumn FY21) web revenue at Rs 346 crore as in comparison with Rs 282 crore in This autumn FY20. The gross direct premium earnings (GDPI) stood at Rs 3,478 crore as in opposition to Rs 3,181 crore in the identical interval, marking a development of 9.4 per cent. Capital features had been at Rs 66 crore in This autumn FY2021 as in comparison with Rs 95 crore in This autumn FY20. The return on common fairness was 18.8 per cent in opposition to 18.8 per cent.
The corporate paid an interim dividend of Rs 4 per share through the 12 months. The board of administrators has proposed a remaining dividend of Rs 4 per share for FY21.
Thus, the general dividend for FY21 together with proposed remaining dividend is Rs 8 per share. The fee is topic to approval of shareholders in upcoming annual common assembly.