Shares of ICICI Securities, the investment services arm of ICICI Group, declined as much as 6.28 per cent to Rs 258.70 apiece in the early morning trade on Tuesday, a day after it released financial results for the third quarter of FY19.
The company reported a 34.3 per cent fall in consolidated net profit at Rs 101.1 crore for October-December period of 2018-19. It had posted PAT of Rs 153.9 crore in the year-ago quarter.
Total revenue from operations stood at Rs 404.75 crore, down 18 per cent against Rs 493.85 crore reported in the corresponding quarter last year. Earnings