ICICI Bank Q1 Results

ICICI Bank Share Price: ICICI Bank shares rise over 2% as Q1 performance impresses Street. Should you invest?

by
ICICI Bank Share Price: ICICI Bank shares rise over 2% as Q1 performance impresses Street. Should you invest?

Shares of private lender ICICI Bank rise 2.5% on Monday on BSE to its day’s high of Rs 1436.70 after the bank on Saturday reported a 14.6% year-on-year (YoY) jump in its standalone profit after tax to Rs 11,059 crore for the June quarter. The bank’s net interest income (NII) for the quarter rose by … Read more

ICICI Bank Q1 Results: ICICI Bank Q1 Results: Profit jumps 15% YoY to Rs 11,059 crore, NII up 7%

by
ICICI Bank Q1 Results: ICICI Bank Q1 Results: Profit jumps 15% YoY to Rs 11,059 crore, NII up 7%

Top private sector lender ICICI Bank on Saturday reported that its June quarter standalone profit after tax grew by 14.6% year-on-year (YoY) to Rs 11,059 crore while the net interest income (NII) rose 7.3% YoY to Rs 19,553 crore. The net interest margin was 4.36% in Q1 compared to 4.40% in Q4 of FY24 and … Read more