ICICI Bank clocks 14.5 pc net profit growth at Rs 11,746 crore in Q2 FY25
ICICI Bank on Saturday reported a 14.5 per cent growth in net profit at Rs 11,746 crore (year-on-year) in Q2 FY25, from Rs 10,261 crore in the year-ago quarter.
ICICI Bank on Saturday reported a 14.5 per cent growth in net profit at Rs 11,746 crore (year-on-year) in Q2 FY25, from Rs 10,261 crore in the year-ago quarter.
Last week, four of the top 10 most-valued firms together added Rs 81,151.31 crore in market valuation. ICICI Bank and HDFC Bank emerged as the biggest gainers.
The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week.
Share of Reliance Infrastructure Ltd went up 20 per cent on Wednesday after the company announced that its external debt was down to Rs 475 crore, against the earlier Rs 3,831 crore.
The stock hit a record high of Rs 1,295 on BSE today, up 2% from the previous close, with mcap at Rs 9.1 lakh crore.
The other services such as ‘Scan to Pay’, ‘Check Balance’ and ‘Bill Payments’ have seen the maximum usage.
Gainers of the Sensex pack were led by Mahindra and Mahindra (M&M), soaring around 7 per cent, followed by Bajaj Finserv, Bharti Airtel, PowerGrid, Infosys and ICICI Bank.
Its total income increased to Rs 24,416 crore whereas, it stood at Rs 23,638 crore in the year ago period.
Following the stake sale, LIC's holding in the bank has reduced to 6.74 per cent from 8.74 per cent earlier.
MESPL offers an online school management platform and reported turnover of Rs 12 crore in FY 2020.