ICICI Securities Q2 results: Net profit jumps two-fold to Rs 278 crore

Mumbai: ICICI Securities on Wednesday reported an over two-fold jump in consolidated net profit to Rs 278 crore for the September quarter compared to Rs 135 crore-profit in the same period a year ago.

The company's consolidated total income surged nearly 63% year-on-year to Rs 680.5 crore in the quarter.

The company said its revenue growth was aided by strong growth in equities and allied business, private wealth management business as well as investment banking business.

The company also announced an interim dividend of Rs 8 per share. The stock ended up 3.6% at Rs 484.90 on Wednesday.