ICICI Bank Q2 profit up 25% to Rs 6,092 crore – Times of India

NEW DELHI: ICICI Bank on Saturday reported 24.7 according to cent upward thrust in consolidated web profit at Rs 6,092 crore for September quarter 2021-22.
The non-public sector lender had posted a web profit of Rs 4,882 crore in the similar quarter of the former fiscal yr.
Total source of revenue then again grew marginally to Rs 39,484.50 crore within the quarter from Rs 39,289.60 crore in the similar duration of 2020-21, ICICI Bank stated in a regulatory submitting.
On standalone foundation, the online profit jumped 30 according to cent to Rs 5,511 crore right through the quarter, as towards Rs 4,251 crore. Income was once up at Rs 26,031 crore from Rs 23,651 crore.
The financial institution’s asset high quality confirmed development as gross non-acting property (NPAs) fell to 4.82 according to cent of gross advances as of September 30, 2021 as towards 5.17 according to cent through the yr-in the past duration.
Net NPAs (unhealthy loans) too fell to 0.99 according to cent from 1 according to cent.

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