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ICICI Securities stk drops 6% on weak Q3 nos; loses 38% since market debut

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.

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SI Reporter New Delhi
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

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