ICICI Bank reports 4% rise in Q1 consolidated net profit

28 Jul 2017 Evaluate

ICICI Bank has reported results for first quarter ended June 30, 2017.

The Bank has reported 8.21% fall in its net profit at Rs 2049 crore for the quarter under review as compared to Rs 2232.35 crore for the same quarter in the previous year. However, total income of the Bank increased marginally by 0.52% at Rs 16847.04 crore for Q1FY18 as compared Rs 16759.51 crore for the corresponding quarter previous year.

On consolidate basis, the Bank has reported 3.53% rise in its net profit at Rs 2604.73 crore for the quarter ended June 30, 2017 as compared to Rs 2515.85 crore for the corresponding quarter in the FY17. Total consolidated income of the Bank increased by 8.31% at Rs 26517.57 crore for quarter under review as compared to Rs 24483.75 crore for the same quarter in the previous year.

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