ICICI Bank Q1: Profit rises 36% to Rs 2,599 cr, misses Street estimates

NEW DELHI: ICICI Bank on Saturday reported a 36 per cent year-on-year (YoY) rise in net profit at Rs 2,599 crore for June quarter compared with Rs 1,908 crore in the same quarter last year.The profit fell well short of Rs 3,300 crore profit figure analysts projected in an ET NOW poll.The profit growth for the quarter was aided by one-off stake sales in ICICI Lombard and ICICI Prudential Life. ► Subscribe to The Economic Times for latest video updates. It's free! - /TheEconomicTimes ► More Videos @ ETTV - http://economictimes.indiatimes.com/TV ► http://EconomicTimes.com ► For business news on the go, download ET app: https://etapp.onelink.me/tOvY/EconomicTimesApp Follow ET on: ► Facebook - https://www.facebook.com/EconomicTimes ► Twitter - http://www.twitter.com/economictimes ► LinkedIn - http://www.linkedin.com/company/economictimes ► Instagram - https://www.instagram.com/the_economic_times ► Flipboard - https://flipboard.com/@ economictimes The Economic Times | A Times Internet Limited product

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