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ICICI Bank’s Q3 consolidated net rises 7%

31 Jan 2012 Evaluate

ICICI Bank has reported results for its third quarter ended December 31, 2011.

The bank has posted a jump of 20.26% in its net profit of Rs 1,728.10 crore for the quarter ended December 31, 2011 as compared to Rs 1,437.02 crore for the same quarter in the previous year. Total income has increased by 24.14% from Rs 8,444.75 crore for Q3FY11 to Rs 10,483.73 crore in the quarter under review.

On the consolidated basis the group has posted a rise of 6.61% in its net profit to Rs 2,174.22 crore for the quarter ended December 31, 2011 as compared to Rs 2,039.40 crore in the same quarter last year. Total Income of the company improved by 7.02% to Rs 16,497.35 crore for the quarter compared to Rs 15,415.85 crore in the quarter, year ago.

Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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