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ICICI Bank reports 16% fall in Q3 consolidated net profit

01 Feb 2017 Evaluate

ICICI Bank has reported results for third quarter ended December 31, 2016.

The Bank has reported 19.09% fall in its net profit at Rs 2441.82 crore for the quarter under review as compared to Rs 3018.13 crore for the same quarter in the previous year. Total income of the Bank decreased marginally by 0.03% at Rs 17556.41 crore for Q3FY17 as compared Rs 17562.29 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported 16.38% fall in its net profit at Rs 2610.83 crore for the quarter ended December 31, 2016 as compared to Rs 3122.35 crore for the same quarter in the previous year. However, total income of the Bank increased by 8.95% to Rs 27875.67 crore for the quarter under review as compared Rs 25585.14 crore for the corresponding quarter previous year. 

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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