Business Standard

ICICI Bank Q1 net up 40% to Rs 9,648 cr on higher income, loan growth

Standalone net profit rose to a record Rs 9,648 crore ($1.18 billion) for the first financial quarter from 69.05 billion in the same period a year earlier

ICICI Bank

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Reuters Mumbai

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ICICI Bank, India's second-largest private lender, reported a 39.7% increase in April-June net profit on Saturday, helped by higher interest income and loan growth.

Standalone net profit rose to a record Rs 9,648 crore ($1.18 billion) for the first financial quarter from 69.05 billion in the same period a year earlier.

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 22 2023 | 3:52 PM IST

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