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ICICI Bank reports 13% drop in Q2 consolidate net profit

08 Nov 2016 Evaluate

ICICI Bank has reported results for second quarter ended September 30, 2016.  

The Bank has reported 2.38% rise in its net profit at Rs 3102.27 crore for the quarter under review as compared to Rs 3030.11 crore for the same quarter in the previous year. Total income of the Bank increased by 41.31% at Rs 22759.08 crore for the quarter under review as compared Rs 16106.22 crore for the corresponding quarter previous year.  

On the consolidated basis, the Bank has reported 12.86% fall in its net profit at Rs 2978.95 crore for the quarter ended September 30, 2016 as compared to Rs 3418.53 crore for the same quarter in the previous year. However, total Income of the Bank has increased by 29.03% to Rs 32434.92 crore for quarter under review from Rs 25137.61 crore for the quarter ended September 30, 2015.

ICICI Bank Share Price

1362.10 14.60 (1.08%)
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Peers
Company Name CMP
HDFC Bank 801.50
ICICI Bank 1362.10
Axis Bank 1359.20
Kotak Mahindra Bank 381.55
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