ICICI Bank reports 55% rise in Q1 consolidated net profit
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ICICI Bank has reported results for first quarter ended June 30, 2022.
The bank has reported a rise of 49.59% in its net profit at Rs 6,904.94 crore for the quarter under review as compared to Rs 4,616.02 crore for the same quarter in the previous year. Total income of the bank increased by 16.23% at Rs 28,336.74 crore for Q1FY23 as compared Rs 24,379.27 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a rise of 55.05% in its net profit at Rs 7,384.53 crore for the quarter under review as compared to Rs 4,762.77 crore for the same quarter in the previous year. Total income of the bank increased by 10.94% at Rs 39,218.33 crore for Q1FY23 as compared Rs 35,351.97 crore for the corresponding quarter previous year.
