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ICICI Bank reports 30% fall in Q2 consolidated net profit

28 Oct 2017 Evaluate

ICICI Bank has reported results for second quarter ended September 30, 2017.

The Bank has reported 33.66 % fall in its net profit at Rs 2058.19 crore for the quarter under review as compared to Rs 3102.27 crore for the same quarter in the previous year. Total income of the Bank decreased by 17.56 % at Rs 18763.29 crore for Q2FY18 as compared Rs 22759.08 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported 30.47% fall in its net profit at Rs 2071.38 crore for the quarter under review as compared to Rs 2978.95 crore for the same quarter in the previous year. Total income of the Bank decreased by 6.92% at Rs 30190.54 crore for Q2FY18 as compared Rs 32434.92 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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