The stock closed lower by 0.7 per cent at Rs 712.7 per share on BSE
The bank said its advances rose by 20 per cent to Rs 59,635 crore. The loan mix showed a retail share of 51 per cent while that of wholesale was 49 per cent.
Total income grew 3.3 per cent YoY to Rs 5,490 crore.
December quarter (Q3) was a mixed ICICI Bank's subsidiaries - namely ICICI Lombard, ICICI Securities (I-Sec), and ICICI Prudential Life Insurance (I-Pru Life)
In Q3, the average zinc prices on the London Metal Exchange at $2,388 a tonne was down 9 per cent year-on-year (YoY); sequentially, it was up marginally by 2 per cent
IT company L&T Infotech (LTI) on Wednesday reported a marginal rise in its net profit at Rs 376.7 crore for the quarter ended December 31, 2019. The company had clocked a consolidated net profit after tax of Rs 375.5 crore in the year-ago period, L&T Infotech said in a filing to BSE. The consolidated income of the IT firm during October-December quarter increased to Rs 2,875.3 crore over Rs 2,503.8 crore in the year-ago period, the company said. The consolidated total expenses increased to Rs 2,375.5 crore during the quarter, against Rs 2,001.5 crore in the year-ago period. The shares of L&T Infotech were trading at Rs 1,906.00 a piece in afternoon trade on BSE.
Sequentially, net profit declined 24.79 per cent as it registered a profit of Rs 972 crore in Q2
The figure was Rs 985 crore in the same quarter a year before
Top line grows nearly 24 per cent despite weak consumer sentiment; EBITDA margins in Q3 for DMart came in at 8.8 per cent
The technical definition of a recession is two straight quarters of negative growth.
Combined net sales were up 12.6% YoY during the Oct-Dec 2017 quarter, growing at the fastest pace in the last three quarters
Highest net profit growth in 8 quarters at 27.7%
Growth will be largely due to a robust showing by commodity and energy producers