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ICICI Securities reports 20% fall in Q4 consolidated net profit

Mumbai : ICICI Securities has reported results for fourth quarter and year ended March 31, 2019. The company has reported a fall of 17.70% in its net profit at Rs 121.36 crore for the quarter under review as compared to Rs 147.46 crore for the same quarter in the previous year. Total income of the company decreased by 15.66% at Rs 428.42 crore for Q4FY19 as compared Rs 507.97 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 19.55% in its net profit at Rs 121.53 crore for the quarter under review as compared to Rs 151.07 crore for the same quarter in the previous year. Total income of the company decreased by 16.10% at Rs 428.31 crore for Q4FY19 as compared Rs 510.50 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a fall of 11.32% in its net profit at Rs 486.92 crore as compared to Rs 549.10 crore for the previous year. Total income of the company decreased by 7.14% at Rs 1,725.80 crore for year under review as compared to Rs 1,858.48 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 11.34% in its net profit at Rs 490.73 crore as compared to Rs 553.47 crore for the previous year. Total income of the company increased by 7.20% at Rs 1,727.02 crore for year under review as compared to Rs 1,861.01 crore for year ended March 31, 2018.

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