New Delhi, April 16 -- ICICI Lombard share price fell by more than 4% on Wednesday after the company reported disappointing Q4FY25 results. In light of these results, brokerage firms have revised down their target price for the stock. On Tuesday, ICICI Lombard announced a 2% decrease in net profit, amounting to Rs.510 crore for the fourth quarter ending March 31, compared to a post-tax net profit of Rs.520 crore during the same period last year.

Despite the decline in profit, the company's total income increased to Rs.5,851 crore in this quarter, up from Rs.5,165 crore in the comparable period last year. The gross direct premium income rose to Rs.6,211 crore, compared to Rs.6,073 crore in the same quarter last year, showing a growth of 2...