ICICI Bank, one of the India's largest private sector banks, reported a 49.6% down in standalone profit after tax to Rs 10.20 billion for the quarter ended March 31, 2018 from Rs 20.24 billion for the same quarter last year.

Net interest income was Rs 60.22 billion in the quarter ended March 31, 2018 (Q4-2018) compared to Rs 59.62 billion in the quarter ended March 31, 2017 (Q4-2017).

Non-interest income was Rs 56.78 billion in Q4-2018 compared to Rs 30.17 billion in Q4-2017. Non-interest income in Q4-2018 included gains of Rs 33.20 billion on sale of shareholding in ICICI Securities.

Shares of the bank gained Rs 6.5, or 2.3%, to settle at Rs 289.40. The total volume of shares traded was 764,190 at the BSE (Monday).