ICICI Lombard Q1 results: PAT up 49% to Rs 580 cr on motor insurance boost

Q: How long will it take to read this news story?

The story "ICICI Lombard Q1 results: PAT up 49% to Rs 580 cr on motor insurance boost" has 409 words across 19 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "ICICI Lombard Q1 results: PAT up 49% to Rs 580 cr on motor insurance boost" was covered 7 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 279 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21684002</li><li>URL: https://beamstart.com/news/icici-lombard-q1-results-pat-17213928983035</li></ul>

Business Standard Logo Business Standard 7h ago

ICICI Lombard Q1 results: PAT up 49% to Rs 580 cr on motor insurance boost - Business Standard

Quick Summary:

Profit after tax rose to 5.80 billion rupees ($69.4 million) for the quarter ended June 30 from 3.

India's car sales have hit back-to-back records in the last two years, according to data from industry body the Society of Indian Automobile Manufacturers.

Combined ratio, a key profitability metric for an insurance firm's underwriting business, improved to 102.3% from 103.8% a year earlier.