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ICICI Bank reports 52% rise in Q1 consolidated net profit

26 Jul 2021 Evaluate

ICICI Bank has reported results for first quarter ended June 30, 2021.

The bank has reported 77.60% rise in its net profit of Rs 4616.02 crore for the quarter under review as against net profit of Rs 2599.15 crore for the same quarter in the previous year. However, total income of the bank decreased 6.47% at Rs 24379.27 crore for Q1FY22 as compared Rs 26066.95 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 52.27% rise in its net profit of Rs 4747.42 crore for the quarter under review as against net profit of Rs 3117.68 crore for the same quarter in the previous year. Total income of the bank increased by 2.41% at Rs 38852.60 crore for Q1FY22 as compared Rs 37939.32 crore for the corresponding quarter previous year.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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