ICICI Bank Q3 net profit up 30.51% at Rs 1437 cr

ICICI Bank has declared its third quarter results. The company's Q3 net profit was up 30.50% Rs 1437 crore versus Rs 1101.1 crore.

Its net interest income was up by 12.32% at Rs 2311.7 crore versus Rs 2058.1 crore.

Provisions declined in December quarter to Rs 464 crore as against Rs 1,002 crore in same period of last year.

Gross non-performing asset (NPA) slipped just at 4.75% versus 4.84%. Net NPA declined to 1.16% versus 2.19%.

Other income jumped to Rs 1,748 crore from Rs 1,673 crore.

CASA was at 44.2% versus 39.6%. Capital adequacy ratio stood at 19.98% versus 19.4%.

Source: http://www.moneycontrol.com/

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Gaurav Agarwal

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DENIP Consultants Pvt Ltd