ICICI Bank Q2 net jumps 22 percent to 1,503 Crore

Monday, 31 October 2011, 14:51 Hrs
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New Delhi: The country's largest private sector lender ICICI Bank today reported a 22 percent jump in net profit to 1,503 crore for the second quarter ended September 30, 2011.

The bank had posted a standalone net profit of 1,236 crore for the July-September quarter last fiscal.

Total income of the bank on a standalone basis increased to 9,897.17 crore during the quarter from 7,887.03 crore in the same quarter last fiscal, ICICI said in a statement.

On a consolidated basis, ICICI Group's net profit increased by 43 percent to 1,991.68 crore during the second quarter from 1,394.94 crore in the same period a year ago.

At the same time, total income of the bank on a group-wide basis increased to 16,110.61 crore during the quarter from 14,464.55 crore in the same quarter last fiscal, it said.
Source: PTI
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