01-01-1970 12:00 AM | Source: Accord Fintech
ICICI Securities surges on reporting 2-fold jump in Q4 consolidated net profit
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ICICI Securities is currently trading at Rs. 424.15, up by 14.00 points or 3.41% from its previous closing of Rs. 410.15 on the BSE.

The scrip opened at Rs. 417.00 and has touched a high and low of Rs. 428.75 and Rs. 413.90 respectively. So far 117432 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 568.75 on 16-Jul-2020 and a 52 week low of Rs. 308.00 on 24-Apr-2020.

Last one week high and low of the scrip stood at Rs. 428.75 and Rs. 393.00 respectively. The current market cap of the company is Rs. 13667.40 crore.

The promoters holding in the company stood at 75.00 % while Institutions and Non-Institutions held 12.78 % and 12.23 % respectively.

ICICI Securities has reported results for fourth quarter and year ended March 31, 2021. The company has reported over 2-fold jump in its net profit at Rs 329.13 crore for the quarter under review as compared to Rs 153.97 crore for the same quarter in the previous year. Total income of the company increased by 53.99% at Rs 739.39 crore for Q4FY21 as compared Rs 480.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 329.47 crore for the quarter under review as compared to Rs 155.88 crore for the same quarter in the previous year. Total income of the company increased by 53.41% at Rs 739.34 crore for Q4FY21 as compared Rs 481.94 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a rise of 98.91% in its net profit at Rs 1,067.55 crore as compared to Rs 536.71 crore for the previous year. Total income of the company increased by 50.14% at Rs 2,585.44 crore for year under review as compared to Rs 1,722.06 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 97% in its net profit at Rs 1,067.72 crore as compared to Rs 542 crore for the previous year. Total income of the company increased by 49.93% at Rs 2,586.17 crore for year under review as compared to Rs 1,724.94 crore for year ended March 31, 2020.