ICICI Bank's Q4 net profit down 87%; stock falls

The bank posted a consolidated net profit of Rs 407 crore during the quarter under review as compared to Rs 3,085 crore in the corresponding period of fiscal 2014-15.  

ICICI Bank's Q4 net profit down 87%; stock falls
Image Source: Reuters

ICICI Bank has reported nearly 87% fall in its consolidated net profit in the fourth quarter (Q4) ended March 31, 2016.

The bank posted a consolidated net profit of Rs 407 crore during the quarter under review as compared to Rs 3,085 crore in the corresponding period of fiscal 2014-15.  

However, the bank's total income during the period was up 13.26% to Rs 28,216.78 crore as compared to Rs 24,914.26 crore in the year-ago period.

At 12:28 hours, the shares of ICICI Bank were trading down 1.73% or Rs 4.15 at Rs 236.00 per scrip on the Bombay Stock Exchange (BSE). 

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-interest-mutual-fund-sip-retirement-corpus-planning-calculator-how-many-years-it-will-take-to-reach-inr-rs-30000000-with-4000-5000-and-6000-monthly-investment-market-linked-return-324325

Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000

https://www.zeebiz.com/personal-finance/news-sip-mutual-fund-power-of-compounding-retirement-corpus-planning-calculator-salary-inr-rs-25000-per-month-is-it-possible-to-create-over-26367030-fund-calculations-324366

Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations

https://www.zeebiz.com/markets/stocks/photo-gallery-smallcap-stock-to-buy-for-long-term-new-year-pick-by-anil-singhvi-liquor-share-tilaknagar-inudstries-share-price-target-324475

Liquor stock under Rs 300: Can this smallcap scrip double your money in 1-2 years? Check targets by Anil Singhvi

https://www.zeebiz.com/personal-finance/news-reduce-home-loan-emi-or-reduce-tenure-rs-75-lakh-25-year-home-loan-which-option-can-save-rs-25-lakh-and-64-months-and-how-know-here-324393

Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here

https://www.zeebiz.com/personal-finance/photo-gallery-top-7-large-and-mid-cap-sip-mutual-funds-with-highest-best-xirr-returns-in-5-years-no-1-scheme-has-turned-rs-inr-15000-monthly-investment-into-rs-2054384-uti-icici-hdfc-bank-hsbc-quant-motilal-324344

Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others

Written By: Tejal Yerunkar
Updated: Fri, Apr 29, 2016
12:58 PM IST
Mumbai , ZeeBiz WebDesk
RELATED NEWS
SBI, ITC, 4 other blue-chip firms' mcap up by Rs 1,07,366 crore in a week SBI, ITC, 4 other blue-chip firms' mcap up by Rs 1,07,366 crore in a week
SBI 3-Year FD vs HDFC 3-Year FD vs ICICI Bank 3-Year FD: Which FD will offer the highest return on an investment of Rs 3 lakh? SBI 3-Year FD vs HDFC 3-Year FD vs ICICI Bank 3-Year FD: Which FD will offer the highest return on an investment of Rs 3 lakh?

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x