ICICI Lombard’s net profit witnessed a slight dip of 2% to ₹510 crore in the fourth quarter ending March 31, compared to ₹520 crore in the previous year. Despite this, the company’s total income increased to ₹5,851 crore from ₹5,165 crore year-on-year. Gross direct premium income also saw a rise, reaching ₹6,211 crore.
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