The bank likely to register subdued numbers for the period under review, taking a likely hit from higher provisions for bad loans. An assessment by Systematix Shares & Stocks shows 35.70 per cent year-on-year (yoy) decline in standalone net profit at Rs 1,301.90 crore for ICICI Bank in Q4 FY18. The food & grocery retailer reported Rs 97 crore profit in the year-ago quarter. Total revenue for the quarter came in at Rs 3,810 crore, up 22.5 per cent YoY. The company had posted a net loss of Rs 174.72 crore for the corresponding period of the previous fiscal, Wockhardt said in a BSE filing.

Source: Economic Times May 07, 2018 02:49 UTC