ICICI Bank has reported results for fourth quarter and year ended March 31, 2019.
The Bank has reported a fall of 4.99% in its net profit at Rs 969.06 crore for the quarter under review as compared to Rs 1020.00 crore for the same quarter in the previous year. However, total income of the Bank marginally increased by 4.87% at Rs 20,913.82 crore for Q4FY19 as compared Rs 19,942.97 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported a marginal rise of 2.49% in its net profit at Rs 1170.36 crore for the quarter under review as compared to Rs 1141.93 crore for the same quarter in the previous year. Total income of the Bank increased by 8.96% at Rs 36,784.25 crore for Q4FY19 as compared Rs 33,760.07 crore for the corresponding quarter previous year.
For the year ended March 31, 2019, the Bank has reported a fall of 50.37% in its net profit at Rs 3363.30 crore as compared to Rs 6777.42 crore for the previous year. However, total income of the Bank increased by 7.64% at Rs 77,913.36 crore for year under review as compared to Rs 72,385.52 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the Bank has reported a fall of 44.84% in its net profit at Rs 4254.24 crore as compared to Rs 7712.19 crore for the previous year. However, total income of the Bank increased by 10.37% at Rs 131,306.50 crore for year under review as compared to Rs 118,969.10 crore for year ended March 31, 2018.
