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ICICI Bank reports marginal fall in Q3 net profit

31 Jan 2019 Evaluate

ICICI Bank has reported results for third quarter ended December 31, 2018.

The Bank has reported 2.75% fall in its net profit at Rs 1,604.91 crore for the quarter under review as compared to Rs 1,650.24 crore for the same quarter in the previous year. However, total income of the Bank increased by 19.79% at Rs 20,163.25 crore for Q3FY19 as compared Rs 16,832.22 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal improved to 7.75%, as compared to 7.82% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 2.58% in Q3FY19.

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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