New Delhi: Private sector ICICI Bank on Monday posted 2.45 percent rise in its consolidated net profit to Rs 1,170 crore in the fourth quarter of 2018-19.
The bank had registered a net profit of Rs 1,142 crore in the January-March period of the preceding fiscal (2017-18).
On a standalone basis, its profit fell to Rs 969 crore in the March quarter, as against Rs 1,020 crore in the same period a year earlier.
Total income (consolidated) rose to Rs 36,784.25 crore during the quarter, compared to Rs 33,760.07 crore in year-ago period, the bank said in a regulatory filing.
The bank's asset quality improved with the gross non-performing assets (NPAs) falling to 6.70 percent of the gross loans as on 31 March, 2019 as against 8.84 percent at March-end 2018.
Net NPAs or bad loans too came down to 2.06 percent from 4.77 percent.
Shares of the bank closed 0.11 percent down at Rs 401.40 on the BSE.
Your guide to the latest seat tally, live updates, analysis and list of winners for Lok Sabha Elections 2019 on firstpost.com/elections. Follow us on Twitter and Instagram or like our Instagram or like our Facebook page for updates from all 542 constituencies on counting day of the general elections.
Updated Date: May 06, 2019 17:07:29 IST