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ICICI Bank reports over 2-fold jump in Q3 consolidated net profit

27 Jan 2020 Evaluate

ICICI Bank has reported results for third quarter ended December 31, 2019.

The Bank has reported around 3-fold jump in its net profit at Rs 4,146.46 crore for the quarter under review as compared to Rs 1,604.91 crore for the same quarter in the previous year. Total income of the Bank increased by 17.23% at Rs 23,638.26 crore for Q3FY20 as compared Rs 20,163.25 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported over 2-fold jump in its net profit at Rs 4,670.10 crore for the quarter under review as compared to Rs 1,874.33 crore for the same quarter in the previous year. Total income of the Bank increased by 14.77% at Rs 38,370.95 crore for Q3FY20 as compared Rs 33,433.31 crore for the corresponding quarter previous year.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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