ICICI Bank Posts Gain in Fiscal Q4 Consolidated Profit

MT Newswires Live
04-21

ICICI Bank (NSE:ICICIBANK, BOM:532174) recorded a rise in its consolidated net profit to 135.02 billion Indian rupees in the fiscal fourth quarter ended March 31 against 116.72 billion rupees a year ago.

Earnings per share came in at 18.84 rupees compared with the year-ago figure of 16.32 rupees, according to a Saturday filing to the Indian stock exchanges by the lender.

Interest earned by the lender in fiscal Q4 also increased to 483.87 billion rupees from 426.07 billion rupees a year ago.

The bank's board recommended a dividend of 11 rupees per equity share of face value of 2 rupees each.

ICICI Bank's shares were up nearly 1% in recent trade.

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