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ICICI Bank reports 18% rise in Q4 consolidated net profit
Apr-27-2024

ICICI Bank has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The bank has reported 17.38% rise in its net profit at Rs 10707.53 crore for the quarter under review as compared to Rs 9121.87 crore for the same quarter in the previous year. Total income of the bank increased by 20.74% at Rs 43,597.14 crore for Q4FY24 as compared Rs 36,108.88 crore for the corresponding quarter previous year. 

On consolidated basis, the bank has reported 18.46% rise in its net profit at Rs 11,671.52 crore for fourth quarter ended March 31, 2024 as compared to Rs 9,852.70 crore for the same quarter in the previous year. Total income of the bank increased by 24.59% at Rs 67,181.70 crore for Q4FY24 as compared Rs 53,922.75 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the bank has reported 28.19% rise in its net profit at Rs 40888.27 crore as compared to Rs 31,896.50 crore for the previous year. Total income of the bank increased by 28.50% at Rs 1,65,848.71 crore for year under review as compared to Rs 1,29,062.79 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the bank has reported 30.03% rise in its net profit at Rs 44,256.37 crore as compared to Rs 34,036.64 crore for the previous year. Total income of the bank increased by 26.78% at Rs 2,36,037.72 crore for year under review as compared to Rs 1,86,178.80 crore for year ended March 31, 2023.


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