ICICI Bank Q1 net up 36.3% at Rs 1,820 crore, beats forecast

July 27, 2012 15:08

In other news: ICICI Bank, country's top private lender, posted on Friday a 36.3 per cent jump in quarterly profit, its strongest growth in more than a year, helped by robust loan growth, high fee income and better asset quality.

ICICI said it made a net profit of Rs 1815 crore ($325.5 million) in the fiscal first quarter ended June compared with Rs 1332 crore a year earlier. Analysts, on average, had expected profit of Rs 174 crore.

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