ICICI Bank inches up on reporting 55% rise in Q1 consolidated net profit

ICICI Bank is currently trading at Rs. 803.70, up by 3.70 points or 0.46% from its previous closing of Rs. 800.00 on the BSE.

The scrip opened at Rs. 803.95 and has touched a high and low of Rs. 817.85 and Rs. 800.40 respectively. So far 183312 shares were traded on the counter.

sebi levies rs 12 lakh fine on icici bank compliance officer for disclosure lapses
sebi levies rs 12 lakh fine on icici bank compliance officer for disclosure lapses

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 859.70 on 25-Oct-2021 and a 52 week low of Rs. 642.00 on 07-Mar-2022.

Last one week high and low of the scrip stood at Rs. 817.85 and Rs. 757.55 respectively. The current market cap of the company is Rs. 559624.52 crore.

The Institutions and Non-Institutions held 89.10% and 10.89% stake respectively in the company.

ICICI Bank has reported a rise of 49.59% in its net profit at Rs 6,904.94 crore for the quarter ended June 30, 2022 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.

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