Tuesday 31 January 2012

ICICI Bank Q3 at Rs 1728 crore

  • Tuesday 31 January 2012
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  • ICICI Bank Net profit rose to Rs 1728 crore ($347.4 million) from Rs 1437 crore a year earlier, while net interest income increased 17 per cent to Rs 2710 crore.

    During the reporting period, the bank's total income climbed to Rs 10,483.73 crore from Rs 8,444.75 crore, it said in a filing to the BSE. Operating profit stood at Rs 2,687.10 crore as against Rs 2,342.61 crore, it said.Its total provisions declined to Rs 341.10 crore from Rs 464.27 crore, the bank said.

    The net non-performing asset ratio decreased to 0.70 percent from 1.16 per cent 12 months back, it said.Total capital adequacy stood at 18.88 per cent of which the core tier-I constituted 13.13 per cent.

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