ICICI Lombard General Insurance Company profit increased 4.52% in (Q2) FY 2020-21

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Team Infinities:

ICICI Lombard General Insurance Company Limited NSE Symbol:ICICIGI, BSE Security Code:540716 has declared its 2nd(second) quarter un-audited Standalone financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.

Revenue Reported by ICICI Lombard General Insurance Company Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
28.83 27.30 27.39 56.13 54.03
Calculated Revenue of ICICI Lombard General Insurance Company Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
1.53 5.60%(Revenue Increase) 1.44 5.26%(Revenue Increase) 2.10 3.89%(Revenue Increase)

Revenue: ICICI Lombard General Insurance Company Limited's financial report shows that the company's revenue increased by 5.60% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.1.53 billions, as the company posted revenue of Rs.28.83 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.27.30 billions.
The result also shows that the company's revenue increased by 5.26% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue increase of Rs.1.44 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.27.39 billions.
The company also reported that its revenue increased by 3.89% in 6 months end(April, 2020 - September, 2020) for revenue increase of Rs.2.10 billions, since the company reported revenue of Rs.56.13 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.54.03 billions.

Profit and Loss Reported by ICICI Lombard General Insurance Company Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
4.16(Profit ) 3.98(Profit ) 3.08(Profit ) 8.14(Profit ) 6.18(Profit )
Calculated Profit and Loss of ICICI Lombard General Insurance Company Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
0.18 4.52%(Profit Increase) 1.08 35.06%(Profit Increase) 1.96 31.72%(Profit Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 4.52% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.0.18 billion, as the company posted profit of Rs.4.16 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.3.98 billions.
The result also shows that the company's profit increased by 35.06% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit increase of Rs.1.08 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.3.08 billions.
The company also reported that its profit increased by 31.72% in 6 months end(April, 2020 - September, 2020) for profit increase of Rs.1.96 billions, since the company reported profit of Rs.8.14 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.6.18 billions.

EPS Reported by ICICI Lombard General Insurance Company Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
9.15 8.76 6.78 17.91 13.59
Calculated EPS of ICICI Lombard General Insurance Company Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
0.39 4.45%(EPS Increase) 2.37 34.96%(EPS Increase) 4.32 31.79%(EPS Increase)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 4.45% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.0.39, as the company posted EPS of Rs.9.15; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.8.76.
The result also shows that the company's EPS increased by 34.96% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS increase of Rs.2.37; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.6.78.
The company also reported that its EPS increased by 31.79% in 6 months end(April, 2020 - September, 2020) for EPS increase of Rs.4.32, since the company reported EPS of Rs.17.91; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.13.59.

 


***All amounts are given in Billion Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.