ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 626253.83 Crore).
ICICI Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 53922.75 Crore, up 12.67 % from last quarter Total Income of Rs 47859.50 Crore and up 25.89 % from last year same quarter Total Income of Rs 42834.06 Crore. The bank has reported net profit after tax of Rs 9852.70 Crore in latest quarter.
Investment Rationale
Macro risks from the inflation-interest rate- growth dynamic are key. Execution onasset quality will remain critical to the re-rating process.
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