ICICI Bank Q2 results: Net profit grows 18.82%, interest income up 18.97%

How much was ICICI Bank’s income?

The bank recorded a consolidated net profit of ₹12,947.77 crore, a gain of 18.82% or ₹2,051.64 crore compared to the same quarter of the previous year, which was at ₹10,896.13 crore.

The income on interest was ₹46,325.78 crore, which was a 18.97% gain or a gain of ₹7,387.7 crore compared to the interest income of ₹38,938.08 crore during the first quarter of the financial year 2023-24, or the previous year.

The income on investments rose to ₹11,929.93 crore, which was an increase of 28.55% or ₹2,649.97 crore from the previous year’s ₹9,279.96 crore.

What are the sectoral aspects of ICICI Bank’s Q2 2024-25 financial results?

The bank’s retail banking portfolio grew by 17.14% to ₹38,750.86 crore compared to the ₹33,080.02 crore during the same quarter of the previous year, which is a rise of ₹5,670.84 crore.

How did ICICI Banks’ shares perform?

ICICI Bank’s shares closed at ₹1,255.50 on the Bombay Stock Exchange (BSE) after the week’s trading session ended on Friday, October 25, 2024. This was a gain of 0.23% or 2.90 points from the previous day’s close.