HSIE Results Daily: Hindustan Unilever, Ambuja Cement, ICICI Lombard, Heidelberg Cement
Hindustan Unilever: HUL reported higher-than-expected revenue and volume growth; however, volume growth saw sequential deceleration on three-year CAGR
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ICICI Lombard - Strong Beat in Profitability, Premium Growth in Line
ICICIGI’s gross domestic premium income (GDPI) was flat YoY in 3QFY25 at INR65b (in line), impacted by 1/n regulation implementation for longterm...
310 Views
ICICI Lombard - As Good as It Gets
ICICIGI reported a strong performance for Q3FY25, wherein GWP at Rs64.7bn (+0.6% YoY), impacted by the 1/n regulation, came in 0.9% lower than our...
258 Views
ICICI Lombard General Insurance: Investment Income Offsets CAT Impact, Maintain BUY
ICICI Lombard (ICICIGI) reported strong growth in NEP/PAT at 16%/20% YoY, although combined ratio (COR) deteriorated to 104.5% due to the...
336 Views
ICICI Lombard - Combined Ratio Higher than Estimates by ~200bp
ICICIGI’s GDP grew 11% YoY in 2QFY25 to INR69b (3% miss). NEP grew 17% YoY to INR50b (3% ahead of our estimates). Claims ratio was largely in line...
328 Views