ICICI BANK 1Q12 PROFIT UP AT INR 1815 cr; NPA’s DECLINE

ICICI Bank 1Q12:

Profits at INR 1815 cr vs exp INR 1704 cr.

Net Interest income at INR 3193 cr vs exp INR 3025 cr. Provisions at INR 466 cr vs INR 469 cr prv. on a q/q basis.

Gross NPA at 3.54% vs 3.62 % q/q. Net NPA came in at 0.71% vs 0.73% q/q. (Better than previous one, good for the stock)

Share price up 3.60 percent at INR 939 points, on lower NPA’s and better than expected results.



Categories: Earnings, Indian Earnings

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