ICICI Bank has reported results for fourth quarter and year ended March 31, 2021.
The bank has reported around 4-fold jump in its net profit at Rs 4,402.61 crore for the quarter under review as compared to Rs 1,221.36 crore for the same quarter in the previous year. Total income of the bank increased by 2.17% at Rs 23,953.02 crore for Q4FY21 as compared Rs 23,443.66 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported around 4-fold jump in its net profit at Rs 4,886.16 crore for the quarter under review as compared to Rs 1,251.32 crore for the same quarter in the previous year. Total income of the bank increased by 8.72% at Rs 43,621.29 crore for Q4FY21 as compared Rs 40,121.48 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the bank has reported 2-fold jump in its net profit at Rs 16,192.68 crore as compared to Rs 7,930.81 crore for the previous year. Total income of the bank increased by 7.50% at Rs 98,086.80 crore for year under review as compared to Rs 91,246.94 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the bank has reported a rise of 92.18% in its net profit at Rs 18,384.32 crore as compared to Rs 9,566.31 crore for the previous year. Total income of the bank increased by 7.71% at Rs 161,336.48 crore for year under review as compared to Rs 149,786.10 crore for year ended March 31, 2020.
