ICICI Bank reports many fold jump in Q1 consolidated net profit
29th Jul 2019

ICICI Bank has reported results for first quarter ended June 30, 2019.

The Bank has reported a net profit of Rs 1,908.03 crore for the quarter under review against net loss of Rs 119.55 crore for the same quarter in the previous year. However, total income of the Bank increased by 15.24% at Rs 21,405.50 crore for Q1FY20 as compared Rs 18,574.17 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported many- fold jump in net profit at Rs 2,513.69 crore for the quarter under review as compared to Rs 4.93 crore for the same quarter in the previous year. Total income of the Bank increased by 16.09% at Rs 33,868.89 crore for Q1FY20 as compared Rs 29,174.12 crore for the corresponding quarter previous year.