Categories AlphaGraphs, Earnings, Finance, Trending Stocks

ICICI Bank Ltd. Q2FY23; 37% Growth in Profits

ICICI Bank Ltd.‘s Net Interest Income for Q2 FY23 has increased by 26% YoY to ₹ 14,787 crores. Profit After Tax rose by 37% YoY to ₹ 7,558 crores. Operating Profit grew by 24% YoY for Q2 FY 2023.

Net Interest Margin grew to 4.31%. In this quarter’s results, it is evident that the reason for the Core Operating Profit YoY growth to be 24% while Net Profts YoY growth to 37% is the significant reduction in Provisions and Contingencies by about 39% YoY.

To further read about this company, check out this link.

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Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

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