ICICI Bank shares gain 1% post-June qtr earnings

New Delhi: Shares of ICICI Bank on Monday gained more than one per cent in morning trade on the bourses after the company reported a 44 per cent jump in consolidated net profit for the June quarter. In the early trade, the stock rose 1.13 per cent to Rs1,002.25 apiece on the BSE. On the NSE, it advanced by 0.58 per cent to Rs1,002.75 per piece. Meanwhile, the 30-share BSE Sensex was trading 98.71 points or 0.15 per cent higher at 66,782.97 points. In a regulatory filing on Saturday, ICICI Bank reported a 44 per cent jump in its consolidated net profit for the April-June quarter of 2023-24 to Rs10,636 crore compared to the year-ago period. The second largest private sector lender’s standalone net profit increased 39.7 per cent to Rs9,648 crore. Its total standalone income in the first quarter rose to Rs38,763 crore from Rs28,337 crore a year ago, according to an exchange filing on Saturday.