ICICI Bank has reported results for the fourth quarter and year ended March 31, 2020.
The Bank has reported a rise of 26.04% in its net profit at Rs 1221.36 crore for the quarter under review as compared to Rs 969.06 crore for the same quarter in the previous year. Total income of the bank increased by 12.10% at Rs 23443.66 crore for Q4FY20 as compared Rs 20913.82 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a rise of 6.92% in its net profit at Rs 1251.32 crore for the quarter under review as compared to Rs 1170.36 crore for the same quarter in the previous year. Total income of the bank increased by 9.07% at Rs 40121.48 crore for Q4FY20 as compared Rs 36784.25 crore for the corresponding quarter previous year.
For the year ended March 31, 2020, the bank has reported 2 fold jump in its net profit at Rs 7930.81 crore as compared to Rs 3363.30 crore for the previous year. Total income of the bank increased by 17.11% at Rs 91246.94 crore for year under review as compared to Rs 77913.36 crore for year ended March 31, 2019.
For the year ended March 31, 2020, on the consolidated basis, the bank has reported 2 fold jump in its net profit at Rs 9566.31 crore as compared to Rs 4254.24 crore for the previous year. Total income of the bank increased by 14.07% at Rs 149786.10 crore for year under review as compared to Rs 131306.50 crore for year ended March 31, 2019.
