ICICI Bank’s September quarter profit up 31 per cent to 8006 crore

ICICI Bank Q2 Results : The country’s private sector ICICI Bank has announced the results for the July-September quarter of the financial year 2022-23. Let us tell you that the consolidated net profit of ICICI Bank has increased by 31.43 percent to Rs 8,006.99 crore in the September quarter.

It is known that ICICI Bank has shared this information on Twitter. In which on a standalone basis, it has registered a net profit of Rs 7,557.84 crore with a growth of 37.14 percent in the September quarter. In the same period of 2021 last year, this figure was Rs 5,510.95 crore.

so much profit

see how much income
According to ICICI results, the bank’s total income rose to Rs 31,088 crore in the July-September quarter, while total expenses increased to Rs 19,408 crore from Rs 18,027 crore.

so much debt
Let us tell you that during this period the financial provision for bad loans of ICICI Bank has come down to Rs 1,644.52 crore. Which was Rs 2,713.48 crore a year ago. However, it has been higher than Rs 1,143.82 crore in the June quarter. On Friday, the bank’s stock closed 2.13 per cent higher at Rs 907.15 on the BSE, while the benchmark was up 0.18 per cent.

less profit in june than march
The same ICICI Bank’s net profit for the month of June on a standalone basis increased by 50 percent to Rs 6,905 crore. This was its net profit of Rs 4,616 crore in the same quarter a year ago. The same June quarter net profit is lower than March quarter’s Rs 7,018.71 crore.

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