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ICICI Bank Q2 profit falls 34%

ICICI Bank reports 33.66% fall in profit after tax at Rs.2,058 crore. Last year in the same quarter it had reported a profit of Rs.3,102 crore.

Gross NPAs as percentage of gross advances stood at 7.87%in September quarter against 7.99 % in June quarter and 6.12 % in year-ago quarter.

Net interest income for the quarter rose by 9% to Rs 5,709 crore, from Rs 5,253 crore in the corresponding period of the previous year.

Read EquityPandit’s Technical Analysis on ICICI Bank

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