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ICICI Bank Ltd Q1 FY24; 43% rise in Profits

ICICI Bank is a large private sector bank in India offering a diversified portfolio of financial products and services to retail, SME and corporate customers. The Bank has an extensive network of branches, ATMs and other touch-points.

Financial Results:

  • ICICI Bank Ltd reported Revenues for Q1FY24 of ₹37,106.00 Crores up from ₹26,159.00 Crore year on year, a rise of 41.85%.
  • Total Expenses for Q1FY24 of ₹37,770.00 Crores up from ₹29,226.00 Crores year on year, a rise of 29.23%.
  • Consolidated Net Profit of ₹11,014.00 Crores up 43.08% from ₹7,698.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹15.20, up 43.13% from ₹10.62 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Banking
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