ICICI Bank Q4 Results: Consolidated Net Profit Jumps 27%, Announces Final Dividend Of Rs 8 Per Share

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ICICI Bank Q4 Results: Consolidated Net Profit Jumps 27%, Announces Final Dividend Of Rs 8 Per Share



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The share of gross non-performing property within the general loans was 2.81 per cent as of March 31, 2023.

On a standalone foundation, the biggest non-public sector lender reported a virtually 30% bounce in its internet revenue for the March quarter at Rs 9,121.87 crore.

Private lender ICICI Bank on Saturday reported a 27.64% bounce in consolidated internet revenue to Rs 9,852.70 crore for the January-March quarter of 2022-23 in comparison with the yr in the past interval.

The financial institution introduced a ultimate dividend of Rs 8 per fairness share.

On a standalone foundation, the biggest non-public sector lender reported a virtually 30% bounce in its internet revenue for the March quarter at Rs 9,121.87 crore.

Its whole revenue moved as much as Rs 36,108.88 crore within the reporting quarter, as in opposition to Rs 27,412.32 crore within the year-ago interval, whereas the general bills moved as much as Rs 22,282.50 crore from Rs 17,119.38 crore within the year-ago interval.

The share of gross non-performing property within the general loans was 2.81% as of March 31, 2023, which is an enchancment from 3.60% within the year-ago interval and three.07% within the quarter-ago interval.

Its general provisions elevated to Rs 1,619.80 crore from Rs 1,068.95 crore within the year-ago interval, however have been down compared with the December quarter’s Rs 2,257.44 crore.

(With PTI inputs)

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