InvestorQ : How did ICICI Securities report such a sharp growth in numbers for fourth quarter?
Rutuja Nigam made post

How did ICICI Securities report such a sharp growth in numbers for fourth quarter?

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6 months ago
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ICICI Securities doubled net profits at Rs.329.47 crore and revenues were up 53.9% to Rs.739.34 crore in the Mar-21 quarter. I-Sec growth came from across the board including broking, distribution and private wealth management. During Mar-21 quarter, the cost to income ratio improved from 57% to 40% yoy while ROE spurted from 55% to 81%. I-Sec’s equity broking market share during the quarter improved from 9.1% to 9.6%.

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