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This is an archive article published on April 24, 2010

ICICI Bank Q4 net up 79%

ICICI Bank reported that its consolidated net profit in the Jan-Mar quarter jumped 79.27%.

ICICI Bank reported that its consolidated net profit in the January-March quarter jumped 79.27 per cent to Rs 1,341.80 crore.

The bank had a net profit of Rs 748.44 crore in the year-ago quarter,ICICI Bank said in a filing to the Bombay Stock Exchange.

Total income of ICICI Bank,however,declined to Rs 16,212.02 crore for the quarter under review,down 4.61 per cent from Rs 16,995.59 crore in the same period last fiscal.

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The board of ICICI Bank has proposed a dividend of Rs 12 per share for the year ended March 31,2010.

For the year ended March 31,2010,the bank has posted a consolidated net profit of Rs 4,670.29 crore,up 30.56 per cent over the same year-ago period.

On standalone basis,ICICI Bank’s net profit stood at Rs 1,005.57 crore for the January-March quarter,a growth of 35.20 per cent from the same period last fiscal.

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