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ICICI Bank reports 4% fall in Q3 consolidated net profit

29 Jan 2016 Evaluate

ICICI Bank has reported results for third quarter ended December 31, 2015.

The bank has reported 4.47% rise in its net profit at Rs 3018.13 crore for the third quarter as compared to Rs 2889.04 crore for the same quarter in the previous year. The bank’s total income has increased by 13.11% to Rs 17562.95 crore for the quarter under review from Rs 15526.88 crore for the corresponding quarter of the previous year.

On the consolidated basis, the group has reported 4.38% fall in its net profit at Rs 3122.35 crore for the quarter ended December 31, 2015 as compared to Rs 3265.32 crore for the same quarter in the previous year. However, total income of the bank has increased by 10.98% at Rs 25585.14 crore for quarter under review as compared to Rs 23053.82 crore for the quarter ended December 31, 2014.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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