
MUMBAI: ICICI Lombard reported a 28 per cent rise in net profit to Rs 747 crore for the June quarter, driven by higher capital gains and improved returns on equity. Capital gains during the quarter climbed to Rs 380 crore from Rs 284 crore. Gross direct premium income stood at Rs 7,735 crore, up 0.6 per cent from Rs 7,688 crore.