ICICI Bank Share Price Last week on Saturday, ICICI Bank announced its results for the current quarter of the financial year 2023-24. In the announcement, the bank said its net profit increased by Rs 10,896.13 crore. ICICI Bank share price increased today. Bank shares traded up more than 1%.

 PTI, New Delhi. Today’s Stock Market: Last week ICICI Bank announced its quarterly results for the period ending September. Net profit increased 36.08% year-on-year, the bank said in the announcement. Since then today the bank’s shares have gained more than 1%.

Shares of the bank rose 1.32% to Rs 944.80 on BSE. Meanwhile, NSE prices rose 1.29% to Rs 944.80. Till the time of writing the news, ICICI Bank shares were trading up 9 points at Rs 941.85 per share.

ICICI Bank quarterly results

ICICI Bank said its net profit rose 36.08% to Rs 10,896.13 crore in the September quarter.

ICICI Bank is a private bank. It is the second largest bank giving loans to the private sector. Its standalone net profit in the same period last year was Rs 7,557.84 crore. At the same time, in the first quarter of this financial year it increased from Rs 96.482 billion to Rs 10,261 crore. According to a filing, ICICI Bank’s standalone total income rose to Rs 40,697 crore in the second quarter of this financial year. It was Rs 310.88 billion in the same period last year.

Bank interest rate spreads have also increased. Bank spreads widened to 4.53% from 4.31% a year ago. The current net profit of the bank increased by 23.8% to Rs 183.08 billion. At the same time, the total non-performing asset ratio of the bank was 2.48%.