ICICI Bank has posted a net loss of Rs.119.5 crore for the quarter ended June 30,2018, while in the same quarter last year, it had posted a profit of Rs.2,049 crore.
The core operating profit rose by 17% on a YoY basis to Rs.5,042 crore, for the quarter under review. Net interest income stood at Rs.6,102 crore for the quarter ended June 30, 2018. The net interest margin stood at 3.19% for the quarter under review, while in the year-ago period it was 3.23%.
Further, the gross additions to NPA were Rs.4,036 crore in the June quarter, while the net NPAs and net restructured loans as a proportion of net customer assets declined from 5.03%, to 4.43% QoQ.