After Q2 results, ICICI Bank shares rose, the bank's stock rose by more than 1 percent

Last week ICICI Bank () announced the results of its quarter ended September. In this announcement, the bank said that there has been a jump of 36.08 percent in net profit. After this, today the bank's shares have seen a rise of more than 1 percent.

The bank's stock rose 1.32 percent to Rs 944.80 on BSE. At the same time, on NSE it rose 1.29 percent to Rs 944.80. At the time of writing the news, ICICI Bank shares are trading at Rs 941.85 per share with an increase of 9 points.

ICICI Bank said that in the September quarter, its net profit registered an increase of 36.08 percent to Rs 10,896.13 crore.

ICICI Bank is a private bank. It is the second-largest loan-giving bank in the private sector. Its standalone net stood at Rs 7,557.84 crore in the year-ago period. At the same time, in the first quarter of the current financial year, it increased from Rs 9,648.20 crore to Rs 10,261 crore. ICICI Bank's total standalone income rose to Rs 40,697 crore in the second quarter of the current financial year, according to a filing. It was Rs 31,088 crore in the same period a year ago.

There has also been an increase in the interest margin of the bank. The interest margin of the bank has increased to 4.53 percent as against 4.31 percent a year ago. Now the net profit income of the bank increased by 23.8 percent to Rs 18,308 crore. At the same time, the gross non-performing assets ratio of the bank became 2.48 percent.