ICICI Bank has reported results for first quarter ended June 30, 2018.
The Bank has reported a net loss of Rs 119.55 crore for the quarter under review as against a net profit of Rs 2049.00 crore for the same quarter in the previous year. However, total income of the Bank increased by 10.25% at Rs 18574.17 crore for Q1FY19 as compared Rs 16847.04 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 8.81%, as compared to 7.99% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 4.19% in Q1FY19.
