ICICI Bank reports 35.8% jump in Q2 net profit

Private lender ICICI Bank reported a 35.8% increase in net profit for the July-September quarter on Saturday.Standalone net profit rose to a record Rs 102.61 billion ($1.23 billion) in the second financial quarter, from Rs 75.58 billion in the same period a year earlier.That was sharply higher than analysts' forecast of Rs 96.26 billion, according to LSEG data. Net interest income - the difference between interest earned and paid - rose 23.8% to 183.08 billion rupees.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.