New Delhi, Jan 27 (PTI) ICICI Bank shares rose over 2 per cent in early trade on Monday after the private sector bank reported a 15 per cent rise in standalone net profit to Rs 11,792 crore for the quarter ended December, driven by a rise in core income.
The company’s shares rose 2.09 per cent to Rs 1,234.50 on the National Stock Exchange (NSE).
On the BSE, it rose 2.03 per cent to Rs 1,234 per share.
Markets were trading in the negative zone. In early trade, the 30-share BSE Sensex fell 694.95 points, or 0.91 per cent, to 75,495.51, while the broader NSE Nifty fell 227.55 points, or 0.99 per cent, to 22,864.65.
ICICI Bank on Saturday reported a 15 per cent rise in standalone net profit to Rs 11,792 crore for the quarter ended December, driven by a rise in core income.
The second-largest private sector lender had posted a net profit of Rs 10,272 crore in the same quarter a year ago.
Total income rose to Rs 48,368 crore from Rs 42,792 crore in the same period a year ago, ICICI Bank said in a regulatory filing.
Interest income rose to Rs 41,300 crore during the quarter under review from Rs 36,695 crore in the same period a year ago, it said.
