ICICI Bank Q1 net profit up 17% at Rs 2,655 crore
   
Quotes

ICICI Bank Q1 net profit up 17% at Rs 2,655 crore

Last Updated: Thursday, July 31, 2014, 17:03
 
 Comment 0
 
ICICI Bank Q1 net profit up 17% at Rs 2,655 crore
Mumbai: The country's largest private sector lender, ICICI Bank, Thursday reported three percent rise in its consolidated net profit at Rs 2,832 crore.

On a standalone basis, the bank posted 17 percent rise in net profit at Rs 2,655 crore.

The Chanda Kochhar-led bank had reported a post tax net profit of Rs 2,274 crore in the corresponding period, it said in a statement.

During the reported quarter, the bank's total income increased to Rs 14,616 crore from Rs 12,904 crore in the year ago period.

Its operating profit was up 18 per cent to Rs 4,517 crore as against Rs 3,814 crore in the April-June period of last year.

The bank's total provisions were up 22.42 percent to Rs 726 crore as against Rs 593 crore in the same period year ago.

The bank's shares were trading 0.31 percent down at Rs 1,485 apiece during afternoon trade on the BSE.



PTI

First Published: Thursday, July 31, 2014, 14:32


Comments


comments powered by Disqus
New Generation Scorpio
New Generation Scorpio
BRICS SUMMIT Ufa
BRICS SUMMIT Ufa
New Vento 2015
New Vento 2015
Audi all-new SUV Q3
Audi all-new SUV Q3
Indian Billionaire Daughters
Indian Billionaire Daughters

Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved