ICICI Bank Q3 results: Net profit up 25% to Rs 6,194 cr, NII increases 23%

ICICI Bank Q3 results: Net profit up 25% to Rs 6,194 cr, NII increases 23%

AgenciesUpdated: Saturday, January 22, 2022, 05:07 PM IST
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On a standalone basis, the bank recorded a 25 per cent rise in the post-tax profit at Rs 6,194 crore for the quarter, up from Rs 4,939.59 crore in the October-December 2020./ Representative Image |

Private sector lender ICICI Bank on Saturday reported an 18.8 per cent rise in its consolidated net profit to Rs 6536.55 crore for the third quarter ended in December 2021. The Bank on Saturday reported a 25 per cent year-on-year (YoY) rise in its net profit for October-December quarter at Rs 6,194 crore. The bank had reported a profit of Rs 5,511 crore in the preceding July-September quarter.

The the country's second largest private sector lender by assets had posted a consolidated net profit of Rs 5,498.15 crore in the same quarter of the previous fiscal.

On a standalone basis, the bank recorded a 25 per cent rise in the post-tax profit at Rs 6,194 crore for the quarter, up from Rs 4,939.59 crore in the October-December 2020, ICICI Bank said in a regulatory filing.

(With inputs from PTI)

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