ICICI Bank lost 0.22% to Rs 300.30 at 9:27 IST on BSE after net profit fell 33.65% to Rs 2058.19 crore on 17.55% decline in total income to Rs 18763.29 crore in Q2 September 2017 over Q2 September 2016.
The result was announced after market hours on Friday, 27 October 2017.Meanwhile, the S&P BSE Sensex was up 131.23 points or 0.4% at 33,288.45.
On the BSE, 2.48 lakh shares were traded on the counter so far as against the average daily volumes of 10.36 lakh shares in the past one quarter. The stock had hit a high of Rs 301.25 and a low of Rs 295.45 so far during the day. The stock had hit a 52-week high of Rs 314.50 on 26 October 2017 and a 52-week low of Rs 224.45 on 27 December 2016.
The stock had outperformed the market over the past one month till 27 October 2017, advancing 8.94% compared with the Sensex's 6.41% rise. The stock had, however, underperformed the market over the past one quarter, sliding 1.99% as against the Sensex's 2.39% rise. The scrip had also underperformed the market over the past one year, gaining 16.58% as against the Sensex's 18.78% rise.
The large-cap bank has equity capital of Rs 1283.42 crore. Face value per share is Rs 2.
The bank's gross non-performing assets (NPAs) net of write-off stood at Rs 44488.54 crore as on 30 September 2017 as against Rs 43147.64 crore as on 30 June 2017 and Rs 32547.50 crore as on 30 September 2016.
The ratio of gross non-performing customer assets (net of write-off) to gross customer assets stood at 7.87% as on 30 September 2017 as against 7.99% as on 30 June 2017 and 6.12% as on 30 September 2016. The ratio of net non-performing customer assets to net customer assets stood at 4.43% as on 30 September 2017 as against 4.86% as on 30 June 2017 and 3.21% as on 30 September 2016.
The bank's provisions and contingencies declined 36.42% to Rs 4502.93 crore in Q2 September 2017 over Q2 September 2016.
ICICI Bank is one of the leading private sector banks in India.
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