ICICI Bank Q4 2013 PAT in line with expectations

Business

oi-Sneha

By Sneha B K

Updated: Saturday, April 27, 2013, 11:49 [IST]

ICICI Bank has reported 21% rise in its net profit at Rs 2,304 crore for the quarter ended March 31, 2013 against from Rs 1,902 for the corresponding quarter of the previous year.

The bank has proposed a dividend of Rs 20.00 per share. Strong capital adequacy ratio of 18.74% and Tier-1 capital adequacy of 12.80%.

Improvement in full year net interest margin to 3.11% for FY2013. Net non-performing asset ratio at 0.64% at March 31, 2013

The net NPA for the quarter was at 0.77% as against 0.76% in the previous quarter.

The shares of the company were seen trading at Rs 1,150 lower by Rs 2.29% on BSE at 2.45 pm IST. It touched an intra-day low of Rs 1,125 and high of Rs 1,188

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