ICICI Bank Q4 net up 17% at Rs 1,567 cr

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ICICI Bank Q4 net up 17% at Rs 1,567 cr
An increase of 16.85% in the consolidated net profit was posted by ICICI Bank, the leading private sector lender of the nation. The net profit recorded by the bank for the quarter ended March 31, 2011 was Rs. 1,567.93 crore.

However, last year for the corresponding period the net profit of the bank stood at around Rs. 1,341.8 crore. Apart from this, as informed by the ICICI bank during its filing in Bombay Stock Exchange that its total income also witnessed a rising trend as it rose from Rs. 16,212.02 crore (FY10) to Rs. 18,178.99 crore (FY11).

It further said that the consolidated net profit increased for the fiscal year 2010-11 by 30.46% to Rs. 6,093.27 crore when compared with the net profit figures of Rs. 4,670.29 crore reported by the bank during 2009-10.

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